Today brings the conclusion of another FOMC meeting…and it’s not even the last one of 2022 as the December meeting is scheduled for the 13th and 14th of next month.
Additionally, we likely already know what Jerry and his fedlines are going to say. Anything other than another 75 basis point fed funds hike would be a massive surprise. Anything other than language that warns to expect another 50 basis points next month would be a similar surprise.
So here’s an open thread to discuss whatever you’d like while we await all the action. As a reminder, the fun begins at 2:00…