What are the key takeaways from tonight’s Federal Reserve interest rate decision?
The FOMC outcome will be released at 2:00 a.m. Beijing time on September 17, followed by a press conference starting at 2:30 a.m.
At present, market expectations for a 25-basis-point rate hike have already become very high—almost a sure thing.
My view is this: if it’s only a one-time hike and there’s no intention to continue with successive hikes, it could actually be interpreted as positive. But if, after the 25bp hike, the dot plot continues to be revised upward, signaling that there may still be additional hikes in December—and even as far out as 2027—then the pressure will be enormous.
What’s really tricky is Warsh. This person’s remarks are always vague and difficult to interpret, which is especially agonizing.
The FOMC outcome will be released at 2:00 a.m. Beijing time on September 17, followed by a press conference starting at 2:30 a.m.
At present, market expectations for a 25-basis-point rate hike have already become very high—almost a sure thing.
My view is this: if it’s only a one-time hike and there’s no intention to continue with successive hikes, it could actually be interpreted as positive. But if, after the 25bp hike, the dot plot continues to be revised upward, signaling that there may still be additional hikes in December—and even as far out as 2027—then the pressure will be enormous.
What’s really tricky is Warsh. This person’s remarks are always vague and difficult to interpret, which is especially agonizing.
