Hello, fellow Rebel capitalists hope you're well.

So the FOMC meets today.

They come out with their interest rate decision.

Let's shoot straight over to CNBC.

So we know what we can expect.

Do a screen share, there we go.

Okay, headline, here's what to expect.

From Federal Reserve's meeting today.

The Fed keep talking points, the Fed is widely expected on Wednesday to approve what would be the 11th

interest rate increase since March 2022 so paused. Now they're saying that the market is predicting today another 25

basis point increase. Taking the benchmark borrowing rate to its highest

level since 2001. More pressing will be whether the Fed open mark

the FOMC officials feel they've gone far enough. It's going to all it's going to be about the rhetoric after they make the decision.

Hiking more from E or carries risk on the economy, anything headed for a mild recession.

So before we get into the article in more details I want to point out this is something assuming they do hike today that I definitely got wrong definitely got wrong because on this channel I was talking about how pretty much every single time the Fed has increased rates

gone through a hiking cycle once they pause they almost never ever ever go back up

again it's the next move is almost always down. So if they go back up, again, I will

have gotten that wrong. I'll be the first person to admit. But again, the reason I was coming

to that conclusion, that was my base case,

is just because that's pretty much what they had done or the past,

caught 40 years every single time.

Now, what I should probably the mistake I made is I didn't realize that this is this is with a backdrop of

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