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  • Federal Reserve issues FOMC statement

    From federalreserve.gov Story is in PDF Format

    The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the summer's rise in COVID-19 cases has slowed their recovery. Inflation is elevated, largely reflecting factors that are expected to be transitory. Supply and demand imbalances related to the pandemic and the ... (full story)

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  • Here’s what changed in the new Fed statement

    From cnbc.com

    This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on September 22. Text removed from the September statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements.

dawkish or hovish? confused
wao! what a bull spike. awaiting huge reversal
Quoting rashidcm2004
dawkish or hovish? confused
exactly
Who nows. To make sense of this you need to also factor in expectations. My advise is not to trade THE NEWS. Let the markets do what the markets does. When it eases try to catch the direction and ride it.
Hawkish
Dovish buz inflation still transitory
TuriBinda
just stirring in the pot
In appearance,it is Hawkish, but in reality Dovish!!!
wait for the press conf in 20 minutes
  •  Guest
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Crazy movement in the market
not really dovish .... but market trapped
Follow price direction
Nd 15bls bond cut already priced in nd we closed sell gold already.
TuriBinda
wait for Powell conference
Quoting rashidcm2004
dawkish or hovish? confused
Hawkish but with a dovish approach.
Risk Management is of utmost importance!
this is so exciting let's wait for the conference
See USD fly
  •  Guest
  • | IP XXX.XXX.85.217
Give the market two hours then plan your trade
irrelevant (for now at least) - no market moves...
Hawkish a bit because it was expected. But still hawkish.
I make my own luck.
Not gonna lie. I was also expecting 20billion not 15billion taper. Seems small miss but the market has 2 1/2 rate hikes priced in 2022. Harder to make that case.

Luckily the market chilled way out before the announcement

Seeing 10yr yield rising after the smaller taper is kind of a surprise but we hit 1.70 earlier this year before larger inflation run

I’m guessing the market is holding onto the Virus being the probable driver for the Fed moving forward and the market is expecting the virus to slow down and vaccines to go up.

Just my reaction 18min into announcement.

Gotta see some employment and gdp numbers
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  • | IP XX.XX.74.233
Yelds will go up, stocks will sell bc price of leverage and credit will go up due to floating rates, thus the dollar will start to rise.
Quoting b.keivanmane
In appearance,it is Hawkish, but in reality Dovish!!!
I’d say the opposite. Appeared more dovish missing the larger taper.

But looking forward. The path still seems bullish usd
Bond traders were ready to jump the gun (:
Buy gbp before tomorrow last chance tonight
interest rates on the 10Y should be more like 4-6% ,taper is the same thing as raising rates
#doyourownanalysisordietryin
they did taper but also the treasury tapered debt issuance at the same time
smoke and mirrors
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#doyourownanalysisordietryin
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