/biz/ - Business & Finance

An anon in the last thread asked about the FOMC meeting and how it may effect PMs next week. Here's a chart with breaks in the sections of the last 3 FOMC meetings. We went up $3 between April and June meeting, then went up over $6 between the June and July, currently up $2.50 since the July meeting. In the past 3 meetings it doesn't seem like they have an immediate bullish effect on PMs, but they have a good run in the medium term. I'm guessing since it takes some time for people to digest what they are saying. But all of this could be thrown out the window too if Powell announces something big next Wednesday. Just thought it would be interesting to see what's happened between meetings.