Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Johnny2X2X

(23,670 posts)
6. Fed will announce the new interest rate hike today
Wed Nov 2, 2022, 12:32 PM
Nov 2022

75 basis points is widely expected, but what is said along with that is the key. They're winding down these hikes, after today, they could say clearly it will only be 50 basis points next month and the markets are going to rise.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»High unemployment, bad! ...»Reply #6