The Fed is expected to raise interest rates for the first time in 38 months.
The market has fully priced in this increase, so everything will now depend on Warsh’s tone.
If it sounds dovish, the market will rally strongly.
If it sounds hawkish, the downward momentum will continue.
#FedRateWatch
The market has fully priced in this increase, so everything will now depend on Warsh’s tone.
If it sounds dovish, the market will rally strongly.
If it sounds hawkish, the downward momentum will continue.
#FedRateWatch