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FOMC: How Hawked Up is Powell Now?

FOMC: How Hawked Up is Powell Now?

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VBL
May 01, 2024
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FOMC: How Hawked Up is Powell Now?
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TL; DR

Mkt expects the following:

  1. No change in rates

  2. Hawkish tone expected to continue in statement

Press Conference Expectations:

  1. Powell most recently said In his IMF appearance, that recent data have not increased confidence in disinflation and have in fact suggested that it will take longer to achieve that confidence

  2. Bullish Surprise: If Powell changes dir…

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