FOMC tomorrow, expect another rate hike (0.75 or 1 % ?)


The ‘Dot plot’ projections – the Fed offer their individual forecasts for where they see the fed funds rate in the years ahead. The current median projection for 2022 and 2023 is 3.38% and 3.8% respectively – One suspects these will lift to 3.9% (2022) and 4.1% (2023), just under current market pricing.

(Pepperstone)


Jim Lewis ⚒ @Galactic_Trader

At a 6% interest rate, monthly mortgage for a $500K home is 40% higher compared to 1 year ago.

Payment doubles at 10% interest.

Ogee wrote: Tue Sep 20, 2022 4:45 pm

This guy has got no clue whatsoever. Geez......He does not know what to do except putting out news what a great job his doing. How could more than 70 Million people vote for this guy! Or was he the best option among all the clueless. I always said I'd never vote for Trump either. But this dummy makes Trump look like a savior. Feel sorry for the people, whether it's the Americans or the rest of the world. Bad times ahead.

RplusT wrote: Tue Sep 20, 2022 5:21 pm This guy has got no clue whatsoever. Geez......He does not know what to do except putting out news what a great job his doing. How could more than 70 Million people vote for this guy! Or was he the best option among all the clueless. I always said I'd never vote for Trump either. But this dummy makes Trump look like a savior. Feel sorry for the people, whether it's the Americans or the rest of the world. Bad times ahead.

we have the same problem in the UK, they're all the same, no matter which party they belong to they all chant the same mantra - covid, climate, Ukrainian.

Wonder who they're really working for

Ogee wrote: Tue Sep 20, 2022 4:33 pm ''Starting in October, Germany is set to implement a levy on all gas consumers to offset the difficulties energy providers in the country are facing as they pivot to alternative sources. According to German economy minister Robert Habeck, the levy would amount to between 1.5 and 5 euro cents per kilowatt hour, or about an additional €1,000 per year for a four-person household.''

https://www.zerohedge.com/geopolitical/ ... rgy-crunch

Germany to restrict company access to gas levy proceeds - sources Companies receiving aid through the levy should have at least 1% of the market share, the sources said. - Reuters

RplusT wrote: Tue Sep 20, 2022 5:21 pm Feel sorry for the people, whether it's the Americans or the rest of the world. Bad times ahead.

Right. The fact that this puppet is still an actual figure of authority makes you realize that this is a terrible omen of things to come.

"Joe Biden" haha. Even his name isn't president worthy

BreakingCrypto @BreakingCrypto0
29m
US SEC CLAIMS ALL OF ETHEREUM FALLS UNDER US JURISDICTION.

Ogee wrote: Tue Sep 20, 2022 6:54 pm BreakingCrypto @BreakingCrypto0
29m
US SEC CLAIMS ALL OF ETHEREUM FALLS UNDER US JURISDICTION.

Well there goes that!

Ogee wrote: Tue Sep 20, 2022 4:55 pm FOMC tomorrow, expect another rate hike (0.75 or 1 % ?)

'Most Wall Street analysts and investors expect the Fed to raise rates tomorrow by 75 basis points, but some see a small chance of a larger 100-basis-point surprise.

If it’s 75, the interest-rate projections and implied “peak” rate will be a key focus.'


https://t.co/vB9eojIb1l

Breaking Market News @financialjuice

GERMAN GOVT CLOSE TO THE UNIPER TAKEOVER, EXPECTS COSTS OF OVER €30 BLN - BUSINESS INSIDER, CITING GOVT SOURCES.



Breaking Market News @financialjuice

PARALLEL TO THE TAKEOVER, GERMAN GOVT ARE STILL PLANNING THE GAS LEVY FROM OCTOBER 1ST - BUSINESS INSIDER.


Nationalisation of parts of the energy sector and a levy on consumers but of course ...

zerohedge @zerohedge

''European Investment Bank Won’t Fund Gas Projects'': FT

Presumably because the inevitable power blackouts will force you to accept TheGreatReset quicker ?