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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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52862861 No.52862861 [Reply] [Original]

fomc today

>> No.52862945
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52862945

>>52862861
Of course this time it's different they can't pivot because there's 'inflation' and they will need to make dollars meaningful and real!

>> No.52863340

>>52862861
In 5 hours we will know the fate of the economy
I'm literally shaking

>> No.52863457
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52863457

>>52863340
>btc cooming +5% or -5%
>fate of the economy

>> No.52863483

>>52862861
50 basis points and then powell reiterates "the mistake prior fed staff made was relaxing rates too soon" and strongly implies that he can do 50 again 2-3 times if he wants to, without outright saying it

>> No.52863521

>>52862861
Bulls you better pray Powell is nice today. That probably won't be enough though. But short term you may have some 1% move up :)

>> No.52863537

I have $11 to spare. Go short or long on btc?

>> No.52863570

>>52862861
I closed half my long position and made $30 profit. What should I do? I'm scared bros.

>> No.52863571
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52863571

>>52863340
no, the economy is already in recession.
all departments have been ordered not to say it, to keep biden's approval rating from cratering to the lowest in history. pic related, biden's figures would be cut in half. notice how they polled the shit out of certain presidents looking to make them better or worse. taking eisenhower as a good president (he was alright) compare to the others. despite being a failure obama reads better than expected, despite W having to fight a war he reads far worse than expected.
that ain't it.
what you're watching is powell playing chicken with the US government and its budget.
in a few hours you will know the fate of the US dollar.