September FOMC feels like one of those meetings where the rate decision may not tell the whole story.

The bigger question is what the Fed signals next.

With inflation still sticky and the labor market holding up better than expected, the path ahead looks less straightforward. A rate hike could pressure risk assets, but the real reaction may depend on Powell’s tone, the dot plot, and what markets expect for the next meeting.

I’m watching yields and the dollar closely here. Sometimes the guidance moves markets more than the decision itself.

What’s your view — Fed hike, hold, or a surprise?

#FedRateWatch

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