Disliked{quote} US bank rate rise expectation to no change rose to 99%. 5 year comparison chart is showing inflation is picking up so are rates. Difficult decision to make for FEDs. {image}Ignored
Last US-Datas showing that:
a) Economy is growing
b) Prices are going up (again)
>Rates (should go) Up, FED more hawkish
Today's CPI was lower than expected on GBP but the rush down was completely overdone (too much for the datas) and also, in my opinion, it is GOOD for GBP if CPI goes down -except that the interest rates could not go up any further or they even lower them in UK- I think that is the reason why it dropped - even if a lower CPI is better for GBP but overall cooling prices is what BOE has to care about.
Anyway, I find it also really weird that the expectations are 99% that the rates will not be raised. As I said and also mentioned from Jolita the numbers are showing FED should be at least more aggressive in their voice.
If I would be FED today I probably would surprise the market with another rate hike. The current situation is not under control and that is the main point of FED to take care of -even if the economy is running.
Of coure if we get another rate hike in USA, Dollar will probably get even more stronger. That's I think what we see currently in the chart.
3
eye eye eye ! the hint is in the wording = "stock" aka valued possessions or retained objects of perceived value. and now market = a worldy gathering of perceived or reflected value on offer or observed and documented. really would improve your trading if a person took the time to research these things.
