The FED: 75bps Hike or 100bps Hike?
All eyes are on the FED announcement today at 2pm Eastern, and an interest rate hike is certain. What really has the market spooked is if the FED can succeed at slowing inflation without cratering the economy. Given Fed Chairman Jerome Powell already warned of pain for the economy back in August, investors are prepared.
Economists have predicted a 75bps hike and even some suggest 100bps is more likely. We will all be watching closely to see what Fed Chairman Jerome Powell announces. Did you know the stock market has rallied on every Fed rate-hike decision in 2022? Will it happen today, we will soon find out!
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.