Did I mention dovish. Yes I did. Fed is going to say exactly what the market's wants to hear. Powell will probably say they will backstop the market for years and years and years to come. Don't worry fed has trillions of bucks to print moving forward. The Fed has thrown an unprecedented amount of stimulus at markets and the economy, and what it says next may impact the direction of rates and other markets. https://www.cnbc.com/2020/06/09/whats-next-from-the-fed-will-help-decide-the-course-for-markets.html
I can see it now. Greenspan, Bernanke and Yellen.... drinking in a bar and celebrating, "Powell gets to take the blame for all of what we did"!!
Dovish dovish dovish dovish dovish.... Yesssssssss...fed bows to wallstreet again!!!!!!!!!!!!! no rate change into 2022!!!!! remember when they had projections for 3 % rates going into 2020's Fed sees interest rates staying near zero through 2022, GDP bouncing to 5% next year PUBLISHED WED, JUN 10 20202:00 PM EDT https://www.cnbc.com/2020/06/10/fed-meeting-decision-interest-rates.html
Never ever ever ever Totally impossible Especially when he said we aren't even thinking about thinking about raising rates. For 2 years. A fuxking joke.
At some point a Hawk has to eat, the sky is filled with doves, vanilla sky, FOMC will start raising rates within one year.
No way, not happening. The only way they raise rates within a year is if the unemployment rate magically drops below 6% or inflation runs higher than their target rate which for some reason never does. So no way no how do rates rise. They had a hard time raising them to their predicted targets the last 5 years so raising them now in these market conditions is definitely not happening. 0% rates for a long long long long time.