News: Fed Rate Decision Preview: Here's Everything You Need To Know
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 25 September 2023
⏱️ 16 minutes
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Summary
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Transcript
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| 0:00.0 | Hello, fellow Robo capitals, hope you're well. |
| 0:02.2 | So tomorrow, the big Fed rate decision. |
| 0:08.1 | They're meeting right now. |
| 0:09.5 | What do you think they're going to do? |
| 0:11.2 | Do you think they're going to hike interest rates? You think Jerome Powell still has that |
| 0:15.9 | devil, an angel, the devil of Arthur Burns on his right shoulder and the angel of Paul Volker one saying pause pause |
| 0:25.8 | the other saying hike hike hike you got to the inflation boogie man he wants to |
| 0:30.3 | worry about his reputation his legacy legacy, for even sakes. |
| 0:33.8 | How is history going to remember Jerome Powell? |
| 0:36.6 | You've got to think that's going to have a massive impact |
| 0:40.3 | on his decision-making process. For sure, at the end of the day he's only human, right? |
| 0:44.4 | But then we have higher oil prices, |
| 0:47.5 | but we have a lot of the economic data softening. |
| 0:50.3 | You guys know what's happening in China, |
| 0:52.1 | you know there's a big recession official recession they're admitting to in Germany right now |
| 0:57.8 | Higher oil I mean there's a lot of things going on here. Let's check out first and foremost what the odds, what the market is |
| 1:04.7 | predicting the Federal Reserve is going to do tomorrow. So we're going to go over |
| 1:10.0 | to CME Fed Watch Tool. So I guess we're countdown to like the rate decision or something like that 23 hours |
| 1:17.3 | But look at this the probability that the Fed keeps rates unchanged or that keeps rates where they are so they pause basically they continue the pause |
| 1:28.9 | 99% the probability that they increase rates just by 25 basis points 1%. 1%. |
| 1:37.0 | 1%. |
| 1:38.0 | So I actually think this could be an opportunity. |
... |
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