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Top asset management team helps you profit without hassle
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- 🎄 Gate Square · Christmas Warmth Creation Event
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Let me share my thoughts without a press conference at 21:30.
Powell said we will act according to the data continuously. Since the federal government is closed in America, only the inflation data has come in. In this regard, Powell will not make sharp statements. Most likely, he will leave it for the next interest rate decision in December.
By the way, if the Fed gives a date for stopping its balance sheet reduction, the markets will soar.
If the government reopens before the December meeting, it is likely to provide important clues.
In summary, it will be Powell's most unproductive press conference.