Markets Reverse Sharply on Feds Powell Statements, What Does it all Mean?

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  • #46986
    KnovaWave
    Participant

    Thirty minutes in financial markets is a long time. Markets were relieved after the Federal Reserve again raised rates by 75 bp at their November meet
    [See the full post at: Markets Reverse Sharply on Feds Powell Statements, What Does it all Mean?]

    #47062
    TradersCom
    Keymaster

    Fed’s Collins: Recognizes risks of hiking too far
    It’s premature to comment on the ultimate level of rates
    I don’t believe a big slowdown is needed to achieve price stability
    Notes 50Bp hikes once considered large
    Open to 75Bp hikes if needed
    Signs inflation surge is starting to moderate

    #47063
    TradersCom
    Keymaster

    These are the first comments from a Fed official since the FOMC decision and in line with what Powell has said.

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