I'm saying I'm betting Fed will hike at least 50 Bps and still come out extremely hawkish in the statement.

No, it didn't. Only some of the Fed Committee members said that. That's not representative of the Fed as a whole.

I'm betting the Fed will hike by at least 50 bps, more than what the market is currently predicting.

Now this news is just going to embolden the Fed to aggressively hike. USD is way oversold.

Russia did this to themselves. To solve this, all they have to do is to withdraw from Ukraine including Crimea.

The faster it climbs, the sooner it falls.

Given the current macroeconomic environment (interest rates going up making debt more expensive, looming recession, wages still stubbornly rising, etc.), it's a very belated bull trap masquerading as a very deceptive bull run.

Well, James didn't become the CEO of a major bank for no reason. He's quite shrewd. Best not to discount him too quickly.

Here. We. Go.

Nah, it's market manipulation by the big players. It's a "buy the rumor, sell the news" scheme. When the FOMC statement is released on Feb. 1st, they will DUMP.

Which is precisely why the FED is going hard on inflation by hiking when we don't want it to.

Works the other way around just as easily, with the market being off point.

They don't matter as long as wages are generally resilient and the Fed hammering on the fact they're not going to relent until inflation gets back to 2%.

The Fed is an independent organization. It does not necessarily concern itself with how much debt the US government has. It only has the dual mandate to worry about.

They really don't want a weaker US dollar, don't they? It does make sense though. Weaker US dollar translates to higher inflationary pressures.

Powell still can override him. 50 Bps hike is still in the cards.

I don't think so. A world recession is on the horizon and approaching fast. Investors prefer US debt during a global downturn. A stronger US dollar is more likely.

No one can predict what the market will do next. Your prediction should be taken with a grain of salt.

This will just convince Powell to keep hiking more aggressively than the market is anticipating. Higher consumer sentiment usually translates to sustained or more spending which will complicate the Fed's attempts to stymie inflation.

Ah, I guess this rally is going to be short-lived, after all.