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fromtheuk

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fromtheuk

Re: None

Wednesday, 07/27/2022 6:45:55 PM

Wednesday, July 27, 2022 6:45:55 PM

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Todays FED decision was a slight surprise. The 75 basis points was keyed in, the surprise was the guidance. The Fed needed to decide between inflation and the economy. The expected was a nuanced response where they looked towards future data ( played it by ear )..

Its not what they did. Their stance is to kill inflation over everything else including the economy / unemployment etc.. more rate rises incomming…
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