FOMC UPDATE
Hike the rate but speech will be VERY DOVISH!
1. Fed is maintaining ample reserves in the banking system. So it is safe, no bank run !
2. Economy is strong, Productivity growth is strong, positive !
3. Job gains have kept pace, unemployment remains unchanged !
4. Uncertainty elevated but controlled!
5. Rate hike to kill inflation for good and reach 2% target
SHAKE & PIVOT
$BR
$SYN
$BULLA
Hike the rate but speech will be VERY DOVISH!
1. Fed is maintaining ample reserves in the banking system. So it is safe, no bank run !
2. Economy is strong, Productivity growth is strong, positive !
3. Job gains have kept pace, unemployment remains unchanged !
4. Uncertainty elevated but controlled!
5. Rate hike to kill inflation for good and reach 2% target
SHAKE & PIVOT
$BR
$SYN
$BULLA