CPI number and accelerating inflation/recession will force FOMC to maintain rate or increase rate?
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.
With renewed tensions between Iran and USA, escalating every day. Coupled with inflation and recession pressure, will it force FOMC to maintain, cut or increase rate? So far there is a mix bag of views from experts. However I feel with this being only the second FOMC meeting under new chairman Kevin Warsh, He will choose not to shake the boat and maintain rates.
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.
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