FOMC Dec 13th. It is all about the dots
1033 sats \ 3 comments \ @quark 13 Dec 2023 econ
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?
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0 sats \ 0 replies \ @quark OP 13 Dec 2023
Basically the Fed said that the market was right. Party mode On. Green light. Recession coming! Printers are coming!
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0 sats \ 1 reply \ @needcreations_ 13 Dec 2023
what are "the dots"?
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20 sats \ 0 replies \ @shado_op 13 Dec 2023
Fed Reserve members give out guidance about where interest rates might go, it's a line on a graph so it's the dots! https://www.britannica.com/money/what-is-the-fed-dot-plot
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