this post was submitted on 29 Jan 2024
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Economics

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Central bank will essentially say that interest rate hike cycle has ended

The biggest question going into the Federal Reserve’s policy meeting next week is what sort of smoke signals Fed Chair Jerome Powell will send about the possibility of an interest rate cut at the central bank’s next meeting in March.

Fed watchers agree that Powell will leave the door open for a move as soon as March but officials won’t decide one way or the other because that meeting is two months away.

Right now, markets are pricing in a roughly 50-50 chance of a cut in March.

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[–] eskimofry 1 points 8 months ago (1 children)

The fed is a private company. Why are they not sanctioned for triggering recessions? Oh right.. the ownership class wants periodic recessions to keep the working class in check

[–] Bigmouse 1 points 8 months ago

The federal serve bank of the US is not a private company as far as i am aware, but an (albeit decentralised) cebtral bank amd as such a state apparatus.