FOMC DAY FOLKS 🥶
Seems like consensus view is we will get a cut but Powell will be “hawkish” and signal a pause over the coming months even we get a cut today. This is the exact same strategy he had in October, gave us a cut but was hawkish for December.Question now is how much is priced in and if everyone thinks it could be a sell the news…would it go the opposite?Source: amit
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