Fed rate cuts

T

TradeBlazer

I still see traders hoping and assuming the Fed will cut rates soon, like early 2024 soon. They thought the Fed would respond to the weakening economy by either cutting rates this week or at least hinting at it. The Fed, as you know, did neither and stocks sold off. Yet they still think the Fed will cut rates in early 2024. I don't see why the Fed would be thinking about cutting rates just as they complete hiking them. I believe Powell suggested late 2024? And only two next year instead of four? I might need clarification on that. But either way, we still have the rate cut hopefuls out there with large audiences.

I think the Fed is going to keep rates at this level for the foreseeable future, maybe cutting back to around 4%. But the days of 0% or less than 1% are over. The new normal is here. I think the Fed has learned that rates being so low are causing problems later and doesn't want to get back to the uber-low rates again.
 
cut early or cut late
cut more or cut less
cut now or cut later
cut once or cut multiple times
fillet cut or steak cut
dovish or hawkish .....
traders don't care.

We know the Fed will move the market.
So Trade according to the chart, not according to the
CUT reports.
 
TradeBlazer said:
I still see traders hoping and assuming the Fed will cut rates soon, like early 2024 soon. They thought the Fed would respond to the weakening economy by either cutting rates this week or at least hinting at it. The Fed, as you know, did neither and stocks sold off...
More...

Wednesday was a dot-plot update which they do 4 times a year, and the market was taken aback at how longer the "higher-for-longer" narrative is being pushed.

NOBODY, and I mean NOBODY, except people on this board perhaps, thought they would cut rates this week. Dunno' who out there was "hoping and assuming" a cut this week, or that the Fed would be hinting at it.
 
I wasn't referring to this board. Just various mass media such as Twitter and Youtube and some newsletters and emails from publishers. All the other stuff.
 
TradeBlazer said:
...mass media such as Twitter and Youtube
More...

Those don't count as anything...

and some newsletters and emails from publishers...
More...

Then stop reading them, because all the "other stuff" I perused had not one iota of a mere modicum of thought of a sliver of a cut. Hike is on the table for November and/or December, stat.
 
We are entering a new era. There is no enough oil and energy resources for economic growth based on new money printed and low interest rates. The only way now is to stop the economy, even going to a recession with higher rates, low supply of products, inflation and more unemployment. Not looking good...
More info here:
 
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