π¨π»βπΌ During Which Official FOMC Meetings Will They Cut/Lower Rates?
2024 FOMC Meetings
Each Month Will Resolve Independently Of One Another
If Rates Or Kept The Same Or Raised, That Meeting Resolves NO
If Rates Or Lowered, That Meeting Resolves YES
Special Meetings That Lower Or Raise Rates Do Not Count.
Official Meeting Schedule
CLARIFICATIONS/NOTES
This market extends after every meeting.
JANUARY 2024 : RATES HELD
MARCH 2024 : RATES HELD
APRIL/MAY 2024 : RATES HELD
JUNE 2024 : RATES HELD
JULY 2024 : RATES HELD
SEPTEMBER 2024 : RATE CUT
50 basis-point rate cut
NOVEMBER 2024 : TBD
DECEMBER 2024 : TBD
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Powell says the Fed doesnβt need to be βin a hurryβ to reduce interest rates
Published Thu, Nov 14 20243:00 PM EST
CNBC
September Meeting
50 basis-point rate cut
Dow closes more than 600 points lower after weak July jobs data -CNN
Like I said 17 days ago!!!
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@traders
2 Weeks Until July 2024 Meeting!
Signal says September, I think that is the only one if it does happen, though December is possible if Trump wins even though FOMC says they dont play politics, we know this stock market reaction if Trump wins in November, and you would need the Dec meeting to evaluate Oct-Nov anyways.