Fed: Need to move interest rates higher still

https://www.reuters.com/markets/us/feds-waller-not-much-progress-inflation-higher-rates-needed-2023-04-14/

I asked this question on r/Economy but not much interest there: Are the stock markets in irrational / wishful thinking mode?

J. Powell clearly stated that rate cuts are not the Fed base case, moreover, recent data suggest more hikes. Why markets don't believe the Fed?

Past August 2022 the same thing happened. The fed clearly stating that interest rates will go up. But the market rallying, S&P-500 to 4300pt, and market news reinterpreting every bad new as a good new that will halt the Fed from more hikes.

Finally the Fed did what said, and the S&P-500 bottomed at 3500 within few weeks.

Are there economic laws governing this all?

submitted by /u/BombusRuderatus
[link] [comments] https://www.reddit.com/r/stocks/comments/12lzo5b/fed_need_to_move_interest_rates_higher_still/
Created 2y | Apr 14, 2023, 11:20:48 PM


Login to add comment

Other posts in this group

Rate My Portfolio - r/Stocks Quarterly Thread September 2023

Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.

Why quarterly? Public comp

Oct 21, 2023, 1:20:16 AM | reddit stocks
Tax planning when selling one stock to buy another stock?

When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to

Oct 18, 2023, 6:20:11 AM | reddit stocks
Retirement Planning's-3 stocks could help power your investment portfolio and make you wealthier by retirement.

Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec

Oct 18, 2023, 1:51:00 AM | reddit stocks
r/Stocks Daily Discussion Monday - Oct 16, 2023

These daily discussions run from Monday to Friday including during our themed posts.

Some helpful links:

Oct 18, 2023, 1:50:58 AM | reddit stocks
Discovery Financial Services (DFS). Any good ?

I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co

Oct 18, 2023, 1:50:56 AM | reddit stocks
Tax implications of selling one etf for a dividend etf?

Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g

Oct 18, 2023, 1:50:53 AM | reddit stocks
Crocs Stock Analysis (CROX)

Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate

Oct 18, 2023, 1:50:51 AM | reddit stocks