CZ_binance on Nostr: Fed announcement at 2:00 pm ET today. Here's the deal: Fed raises the target rate ...
Fed announcement at 2:00 pm ET today. Here's the deal:
Fed raises the target rate 0.25% to 4.75%.
Fed suggests two more hikes, 0.25% each on March 22 and May 3.
Fed implies terminal rate is 5.25%, will pause in May.
No early expectation of the infamous "pivot." Get over it.
Published at
2023-02-01 15:25:20Event JSON
{
"id": "714c99f2c27f733f9738af53b9318189579c335eb2c64d616d0133b3c45ceb34",
"pubkey": "f697fa5778555d01ef779040cbb9f113ba2e202f1d46abb6672646151e87e384",
"created_at": 1675265120,
"kind": 1,
"tags": [],
"content": "Fed announcement at 2:00 pm ET today. Here's the deal:\nFed raises the target rate 0.25% to 4.75%.\nFed suggests two more hikes, 0.25% each on March 22 and May 3.\nFed implies terminal rate is 5.25%, will pause in May.\nNo early expectation of the infamous \"pivot.\" Get over it.",
"sig": "120dda815cf5ebc7e13757eee6ab08bc7638602de88ef20aa2829cb14b4157251301d3e8d6f0eefe83829ec625ae22890787d5a33cb99b4274486f4a450577ca"
}
