pull down to refresh

SUMMARY OF FED DECISION
  1. Fed leaves rates unchanged for 2nd straight meeting
  2. Fed says uncertainty around economy has increased
  3. Median forecast shows 50 bps of rate cuts in 2025
  4. Fed to slow balance sheet runoff beginning April 1st
  5. Fed sharply reduces 2025 growth projections
  6. Fed marks up their 2025 inflation forecast

Biggest news is slowing of QT.
reply
To me, the biggest news it the median 50bp rate cut prediction, because that's only priced at 10% at Predyx.
reply
For me the biggest news is ..
šŸ¤£šŸ™šŸ™
reply
Is 2.4M in profits a sign or a result?
reply
You're the writer, you better know. Who we're to say anything?
On the side note, it's both.
reply
I'll give you a peak behind the curtain: I don't write my own books and I certainly don't read them.
It's impressive but let's be honest, a good chunk of that came prior to liquidity bot.
reply
Yes, I saw him eating up all in the Champions Trophy as well. He didn't even leave a bite for both of us.
A good chunk came as my reward for dishing out vigilante justice!
Also, a lot came from the 49ers faceplanting last year.
šŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’ÆšŸ’Æ
Wow. He has two books now.
Stacker Sports publishing department must be killing it.
reply
Seems underpriced but I could see a situation where it is 0 or 25bp or much more than 50bp if the economy goes sideways. I didn't even know about this market. I might have to make a couple bets.
reply
I also don't see 2 rate cuts coming. 25 bp is all we'll see.
reply
A year of economic turmoil is a long time and making so many changes could trigger a pretty large correction at some point.
Still, I also think 25 is more likely than 50.
reply
I had been in on 25bps already, because 0 seemed very overpriced at almost 60%.
reply
The Fed makes multiple revisions to their 2025 economic data projections.
  1. Cuts 2025 GDP growth projection from 2.1% to 1.7%
  2. Raises unemployment forecast from 4.3% to 4.4%
  3. Raises PCE inflation forecast from 2.5% to 2.7%
  4. Raises Core PCE inflation forecast from 2.5% to 2.8%
Overall the Fed sees higher inflation and a weaker economy.
reply
The Federal Reserve kept interest rates unchanged for the second consecutive meeting, highlighting the increased economic uncertainty. The median projection suggests a cumulative cut of 50 bps in 2025, while the downward revision of growth and the increase in the inflation estimate indicate a more restrictive macroeconomic environment. In addition, the Fed announced a slowdown in the pace of balance sheet reduction starting April 1, signaling a more accommodative stance regarding liquidity in the financial system.
reply