Fed Officials See Inflation of 4.3% at End of 2022; 2.7% for 2023
Fed Officials See Core Inflation of 4.1% at End of 2022; 2.6% for 2023
Bullard voted for 50bps rate hike
This rate hike was as expected
FOMC: Balance Sheet Caps Phase In Over Three Months FOMC: Additional Increases In Fed Funds Rate Will Be Appropriate FOMC: Interest Rate Paid On Reserve
Current Open Positions: None Closed Positions this week: – SPXU Sept 16, 2022 14 call + 36% gain
– Average Price Exit: 3.65– Percent Gain: +36%– Reason for Exit: Took profit into market weakness
Good recap on this news.