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Veevickavin t1_iyf8q5l wrote

Reply to comment by Tandittor in I’m so fucked for believe in JPow and his words by StevHa93

Wasn’t that already priced in though? Market had decided to rally before this meeting started.

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Tandittor t1_iyfd6m4 wrote

50 bps for Nov, yes. But confirmation that the pace will be slow from here on till terminal rate is reached and then held there was essentially confirmed today.

But none of that will matter if inflation starts heading up again. That, along with the terminal rate from the December SEP, will be the next big market movers.

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