Do We Have A FED Pivot Now Then?

December 14, 2023 • 00:12:05
Do We Have A FED Pivot Now Then?
Digital Finance Analytics (DFA) Blog
Do We Have A FED Pivot Now Then?

Dec 14 2023 | 00:12:05

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Show Notes

Is a great monetary pivot near as central bankers engineer a once-unthinkable soft landing in the world’s largest economy. It seems, finally, and for now, Wall Street traders and the Federal Reserve are on the SAME PAGE. Wednesday was quite a day, which took an unexpected turn when the FOMC, the quarterly “dot plot” or survey of economic projections, and then Powell’s 45-minute press conference, all came as close to promising early rate cuts as a central bank could ever do. It smelt like a pivot was on the cards. Sure, the FOMC wanted to leave a possible rate hike […]
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