What is Nostr?
CZ_binance /
npub176t…cuyl
2023-02-01 15:25:20

CZ_binance on Nostr: Fed announcement at 2:00 pm ET today. Here's the deal: Fed raises the target rate ...

Fed announcement at 2:00 pm ET today. Here's the deal:
Fed raises the target rate 0.25% to 4.75%.
Fed suggests two more hikes, 0.25% each on March 22 and May 3.
Fed implies terminal rate is 5.25%, will pause in May.
No early expectation of the infamous "pivot." Get over it.
Author Public Key
npub176tl54mc24wsrmmhjpqvhw03zwazugp0r4r2hdn8yerp2858uwzq3ccuyl