So as the Fed is meeting tomorrow Tuesday and then releasing their decision this Wednesday the following day, I think we can safely assume a rate cate has been confirmed with 90-99% confidence
Anyway my curiosity is what we’re all thinking the rate cut will be? I personally suspect is could be 0.50 rate cute despite reading a lot of stuff that indicates people who are more appropriately in the know that me see a near certainty that it will 0.25 as 0.50 would rock the boat too much.
I personally think we’re on path towards a recession and a 0.50 fed rate cut has (according to what I read) almost always followed with a recession, so this is why I’m suspecting this. That being said apparently a bigger rate cut 0.50 as opposed to 0.25 would cause a fair bit of havoc and selling off whereas as a smaller rate cut would be more stable – I don’t know how true this is so would love input
If I’m being honest though I don’t really see another sell of and think this Wednesday is about to kick off the next part of this cycle and leave this bottom in the dust
submitted by /u/ManifestCartoon
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