It is another boring FOMC day! What do you think is going to happen with the dots? Nobody expects a change in the rate but everybody is going to be looking at the dots.
The market has been pricing in a pivotal moment where the dots are going to start moving down.
Is Powell going to tell us that the market is right? Or is he going to stay with the longer pause narrative and kill the market's hope?
Basically the Fed said that the market was right. Party mode On. Green light. Recession coming! Printers are coming!
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what are "the dots"?
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