Technical Analysis

Fed's Bostic: I'm ready to move away from 75 bps increments at the December meeting

<ul><li>Expects additional total tightening of 0.75-1.00 percentage points</li><li>Until inflation is on track to 2%, Fed needs to resist temptation for rate cuts</li><li>"Landing rate" could be higher but once reached fed should allow some time to pass before further increases</li></ul><p>Powell just scheduled a speech for November 30, just before the FOMC blackout. I imagine we'll get a signal like this.</p>

This article was written by Adam Button at

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