JAN FOMC Feb02, 0300h UTC+8
Consensus: +25bps

if true, will mark a slowdown in Fed’s QT. Not a pivot yet.

Will update on midterm market effects Post FOMC. :)

#Fed
#FOMC

FOMC march2023 +25bps

Implication of recent banking crisis:

banks will tighten credit >
more stringent loan approvals >
harder to borrow >
less purchases (real estates, retails) >
less biz expansions (biz) >
economic slowdown >
deflation/recession

Real estate is the biggest economic growth factor for most countries (🇲🇾 included),

when housing slows down (as banks closing the water tap /+ investors hold back purchases due to uncertainties),

The effect will trickle all the way down the economic chain >> economic slowdown >> worse, recession.

dats 3-6mths down the road aka 2H2023.

#fomc 🏦
#creditcrunch 📉
#housing 🏚️

traders still pricing in a Fed Pause/Cut going into end’23.

#Fed
#FOMC

Fed raised FFR to 5.25-5.50%

Contradictory statements on policy direction for remainder of 2023, with no forward guidance.

Link to presser vid 👈🏻

#fed
#fomc

#FOMC
Fed held rates steady @ 4.25-4.50%
key points from J POW speech

Summary of #FOMC
May07,2025

#FOMC
market agrees fed will hold rates steady

Which leaves Q3 (Sept) & Q4 (Dec?) for the anticipated 2cuts for this year.