FOMC preview: Brace for impact

2023-7-25 19:05

Quick Take

As the upcoming FOMC meeting looms tomorrow, July 26, anticipation builds up around the Federal Reserve’s projected interest rate hike of another 25 basis points.

Market estimates attribute a near-certainty to this adjustment, assigning it a 99% probability. This increment would bring the federal funds rate to a range between 5.25 and 5.50 percent, aligning it with the peak rate witnessed in 2008.

Don Johnson’s analysis suggests an unprecedented trajectory of the Federal Reserve’s actions in the current cycle. In his assessment, the rate hikes during this period have surpassed those implemented in earlier cycles, specifically those in 2018, 2006, 2000, 1995, 1989, 1987, 1984, 1982, and 1960.

The table below provides a comparative perspective on previous rate hiking schedules, showcasing the intensity and speed of the current rate hikes.

One of the most pressing concerns is whether the economy, laden with considerable debt, can withstand these swift and substantial adjustments.

Fed Hiking: (Source: Federal Reserve)

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fomc points basis another interest rate hike

fomc points → Результатов: 20


Fed raises rates by 25bps; Bitcoin remains essentially flat

Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is also at 5% The FOMC said it seeks to achieve maximum employment and inflation at the rate […] The post Fed raises rates by 25bps; Bitcoin remains essentially flat appeared first on CryptoSlate.

2023-5-4 21:08


Фото:

No Imminent Crypto Market Upurge Expected Following Release Of June 2022 US CPI Data

At the last meeting in mid-June 2022, the Federal Open Market Committee (FOMC)  announced their biggest interest rate hike in four decades of 75 basis points. Following this interest rate announcement, the crypto markets collapsed in anticipation of future interest rate hikes to curb rising inflation amidst fears of a looming global recession. At the […]

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