Yes true, must admit I am wondering when the Fed will announce its "offical" pause. While we in Oz are no where near that scenario (might be why our market is so weak) would be interesting if Powell called it or hinted at it tonight? Even if they announced a last rate rise at the same time, would set off a few fireworks?
Mind you I am guessing if it isn't this month should be next month? Note that doesn't mean they don't reverse policy later just have a feeling the Fed will try to help the markets from all the language coming out of them recently and why I am long waiting on a xmas rally of some sort hehehe:
P.S. Here in OZ I see the real possiblity of 2 more rate rises before Xmas, we are just so far behind the curve catch up will really hurt (talking from an economic point of view) hehehe. Markets can ignore a lot.
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