Energy Investing - Fed meeting on Monday Oct. 3rd. - Energy Investing - InvestorVillage


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Msg  452260 of 467393  at  9/30/2022 11:34:36 PM  by

billege_idiot


 In response to msg 452254 by  Wilk
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Re: Fed meeting on Monday Oct. 3rd.

 
Again, rate changes are only made at FOMC regularly scheduled meetings . Monday is not one.
 
Think of the problems and lack of credibility from reversing or increasing rates only days apart.
 
From Lael Brainard today :
 
It will take time for the full effect of tighter financial conditions to work through different sectors and to bring inflation down. Monetary policy will need to be restrictive for some time to have confidence that inflation is moving back to target. For these reasons, we are committed to avoiding pulling back prematurely.
 
 


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