‼️FOMC — interest rate decision
FACT: 3.75% (PAUSE)
FORECAST: 3.75%
PREVIOUS: 3.75%
As expected, the rate stays unchanged.
The market hasn’t been reacting to rate decisions for a while now — all of this is priced in well in advance.
⏺What really matters now is Powell’s speech.
Waiting to see whether he gives the market something to cheer about… or not.