Author

Topic: FOMC SIMPLIFIED (Read 70 times)

legendary
Activity: 3808
Merit: 1723
November 05, 2022, 11:20:31 PM
#2
Since FOMC passed it’s sort of irrelevant but the number doesn’t really mean anything. It was 75bps but we dumped anyways.

We all knew 90% chance it would be 75bps. What was said next was more important. People were expecting him to pivot but he said the opposite pretty much. That he will stay on course and not pivot. Hence why we dumped along with stocks.
newbie
Activity: 42
Merit: 0
November 02, 2022, 06:14:53 AM
#1
FOMC SIMPLIFIED

Results Will Release At 6PM UTC or 11:30PM IST Today ✅

50BPS = Bullish

75BPS = Neutral

100BPS = Bearish
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