The October inflation report is likely to keep the Fed on track to approve a 50-basis-point interest-rate increase next month
Officials had already signaled they wanted to slow the pace of rises and were somewhat insensitive to near-term inflation data
https://t.co/jVTJvMkjg3
The 3 takeaways from Powell's press conference:
1) The Fed could step down to a slower pace in Dec even if inflation data don't improve much
2) If there had been new estimates of the terminal funds rate released today, they would have moved up
3) Not ready to talk about a pause
🇺🇸トム・リー
「S&P500は年末までに5,100ptsへと上昇する可能性(現状+37%)」
「総悲観は買いを示唆する」
Tom Lee Reiterates S&P 500 Could Rise to 5,100 by Year-End, Says "there are green shoots" as investor sentiment hits extremes: Note