Fed Primed to Cut Rates, But Still Debating Depth | Metals Mine

  • Fed Primed to Cut Rates, But Still Debating Depth

    From bnnbloomberg.ca

    The countdown to the Federal Reserve’s interest rate decision of July 31 is underway with investors debating whether policy makers will cut interest rates by 25 basis points or 50 basis points. Chairman Jerome Powell studiously avoided committing himself and colleagues in either direction in congressional testimony last week. In debate is whether officials believe the economy needs an “insurance cut” against the possibility of a slowdown, or a more aggressive move to counteract a serious deterioration that may already be underway. “As Jay Powell made clear in his testimony and the minutes of the June meeting ... (full story)

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NotAtrader
Jul 14, 2019 2:23pm
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Actually US dollar has found a support at 200 EMA daily. Technically we should see upwards reversal from here if it wasn’t for bearish sentiment in preparation for the result of the FED meeting. There might be a surprise waiting around the corner.
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auricforecas
Jul 14, 2019 8:26am
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Well ok, .25 would be possible... that the ECB would EAT for breakfast Should they be smart, looking for (stable) longterm objectives, they wouldn't cut at all.. or IMAGINE... RAISING it.... DEXTER style... "surprise mother..." style

Can you imagine they would announce rate increase? Servers would MELT.. flash-something would follow

But "joke" aside... The question is... what the main objective will be... either SHORT-TERM "Bread and circuses" aka "Bread and Games" or the longterm prosperity of the nation (increasing capital flow, deposits etc..)... Or... helping trump with this turbo pre-election boost or avoiding the next decline months/years after
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auricforecas
Jul 14, 2019 9:51am
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Quoting san99
What if they end up not cutting on 31 July
flash-crash of 2019
If you are checking anywhere, specially in the forums, people are not just expecting (pricing-in) the cut, but expect even more cut(s) than initially assumed USD would rise as a mofo...

I would advise them to RAISE the rates
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NotAtrader
Jul 14, 2019 1:39pm — Edited
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Quoting TraderTero
{quote} People might be in for a surprise..
Funny how quiet Trump has become these days.
If your words materialize then we will see a new tweeter storm again whining about too strong dollar.
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The Fool
Jul 14, 2019 2:45am
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The age of Central Bank control of the markets will last longer than _____________________.
san99
Jul 14, 2019 9:49am
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What if they end up not cutting on 31 July
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TraderTero
Jul 14, 2019 10:21am
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Quoting auricforecas
{quote} flash-crash of 2019 If you are checking anywhere, specially in the forums, people are not just expecting (pricing-in) the cut, but expect even more cut(s) than initially assumed USD would rise as a mofo... I would advise them to RAISE the rates
People might be in for a surprise..
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