Quote:
Originally Posted by fishtank
Powell going to make the market bleed with a 0.5% on Feb 1st . I don’t think people took his last warning of more rate hike and pain are coming seriously .
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You could be right but the market is strongly betting it will only be a 1/4 point with odds are sitting at 98.1%. Seeing Canada signal a pause means a good chance the FED will too.
That said, if the market is wrong and we do see a half point it will send a bit of a shock I would imagine, plus kick the CDN$ in the teeth.
https://www.cmegroup.com/markets/int...atch-tool.html