FOMC

With two weeks remaining for 2023 to end, the crypto markets seem to be trading under pressure ahead of the Federal Open Market Committee’s (FOMC) final meeting and decision on interest rates. What Happened: Based on CoinGlass data, in the past 24 hours total liquidations came in at $427...

The final 2023 policy meeting for the Federal Reserve will most likely end with the decision to hold interest rates where they are. As dull as this appears on the surface, it will not be a “ho-hum” moment for financial markets. Market participants are looking for signs that cement the...

U.S. stocks seem poised to kick off the new week with a subdued tone, riding the coattails of recent gains and influenced by two significant Main Street catalysts: the Federal Reserve’s rate-setting meeting and the November inflation report. The prevailing sentiment is cautious,...

Data Dependent Risk-On Rally The data cooperated this week, though a literal reading of the constant stream of FOMC participants speeches and media appearances would lead one to conclude they were unimpressed. Nevertheless, the market skated to where the Fed is heading even if they (the Fed) don...

Since the Nov. 1 Federal Reserve policy-setting meeting, market expectations on interest rates have taken a dovish turn. Tuesday’s publication of the minutes from that meeting could provide a sobering reminder that the Fed’s thinking may lag that of the markets. Following last week...

Bitcoin (CRYPTO: BTC) shorts totaling more than $33 million were liquidated in the last 24 hours, coinciding with the Federal Reserve’s decision to keep its policy unchanged. What Happened: On Wednesday, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) made the expected...

In a widely expected move, the Federal Reserve announced its decision to keep the federal funds rate within the range of 5.25% to 5.5%, marking the second consecutive rate pause. Fed Chair Jerome Powell delivered mixed signals during his press conference. On one hand, he dismissed speculations of...

The Federal Reserve opted to maintain interest rates Wednesday at the range of 5.25% to 5.5% during its November meeting, as widely anticipated by the market. In the Federal Open Market Committee statement, the Fed reaffirmed its strong commitment to achieving its 2% inflation target. To do so, it...

The Federal Open Market Committee (FOMC) will announce its decision for federal fund rates later this afternoon at 2:00 p.m. EST. Shortly after, Federal Chair Jerome Powell will address the nation on the Fed’s decision and their outlook for the future. According to the Fed dot chart (see...

The $SPX is now below the channel, implying that the wave C move could be in effect. We cautioned about this when the last quarter turned red. Now we will see if the FOMC can get things back in the channel or add to the downside pressure. To learn more, check out this video: Dr. John

The Federal Open Market Committee’s two-day meeting is commencing Tuesday and is set to conclude on Wednesday, with the Federal Reserve publishing its policy statement and Fed Chair Jerome Powell hosting an eagerly awaited press conference. The prevailing market sentiment firmly expects that...

Traders are gearing up for the two-day Federal Open Market Committee meeting set to commence on Tuesday and conclude with a critical interest rate decision and highly anticipated press conference by Federal Reserve Chair Jerome Powell on Wednesday. Market sentiment is leaning heavily toward the...

U.S. private businesses experienced a welcome resurgence in economic activity in October, marking a departure from the somewhat stagnant conditions observed throughout August and September. The latest data from the S&P Global Purchasing Managers’ Index (PMI) has provided a glimmer of...

Analysts at Bank of America stated the Federal Reserve will resume interest rate hikes in December 2023, following a period of “watch and see.” In a note released on Friday, the team led by economist Michael Gapen stated they no longer anticipated a rate hike in November. Instead, they...

Make no mistake, the FOMC pivoted last week from the September meeting’s ‘hawkish hold’ due to the second wave of the supply-driven bear steepening of the Treasury curve and associated damage to bank capital. Even the most hawkish FOMC participants (Bowman, Waller, Logan) softened...