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alia khan
Wednesday is the one that matters. FOMC decision at 2pm ET, and markets are pricing a hike to 3.75-4.00% after Warsh's Jackson Hole speech
Everyone's focused on the number. I think the dot plot matters more. A hike that's already priced changes little. A dot plot signalling more hikes into next year is what would actually hurt.
$BTC 77.8K and $ETH 2,520 are my lines. Below those, the reaction is real. Above, it's noise.
Positioned or flat into Wednesday?#FOMCRateCallThisWeek
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