I have been taught that whenever you have multiple choice answers to a question, there is often one or more sucker answers and you need to spot the suckers. Chances are if you can't spot the sucker answer(s), you might be the sucker (hopefully not ). That said:
a) Rate hike plus dovish statement (consensus with the "talking heads")
b) Rate hike plus hawkish statement (even if path is more gradual will leave Fed room to maneuver)
c) Rate hike plus neutral/balanced statement (data dependent bs etc )
d) Less than 25 basis point plus hawkish statement
e) No hike (kick the can, yada yada yada)
Of course choices are not exhaustive and each has it's own consequence PA wise. I am leaning toward C.
a) Rate hike plus dovish statement (consensus with the "talking heads")
b) Rate hike plus hawkish statement (even if path is more gradual will leave Fed room to maneuver)
c) Rate hike plus neutral/balanced statement (data dependent bs etc )
d) Less than 25 basis point plus hawkish statement
e) No hike (kick the can, yada yada yada)
Of course choices are not exhaustive and each has it's own consequence PA wise. I am leaning toward C.
Think 4D: History, Future, Now and Noise