Comparison of Sep & Jul Fed Statements
The Fed kept rates unchanged with an unambiguously dovish statement, focusing on weakening inflation, rising market turbulence and a new reference to foreign developments. The dot forecasts pointed to slower growth and lower core inflation and lower fed funds projections. The only hawkish dissent to the decision was from Richmond Fed's Lacker, but this point was made moot by not only due to Lacker's well documented hawkish stance, but also by the fact that the dot plot showed one Fed member expecting negative rates, even if this member is the widely dovish Minneapolis Fed's Kocherlakota.
New way to worry about the world
The most important part of the Fed statement is the following: "Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term." Still, we expect the Fed to tighten by year-end; we continue to look for the initial rate hike to come in December."We made the case against a Fed hike since the start of the year and our latest argument was clarified today on here (see final 3 paragraphs): Subscribers to our Premium trades are sitting on a long EURUSD trade at 1.1210 and long EURCAD.
More Hot-Charts
-
Gold Channel ABC and D
Jan 8, 2026 16:27 | by Ashraf Laidiسأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group - -... -
EURUSD Next
Jan 5, 2026 17:09 | by Ashraf LaidiIf EURUSD holds Monday above 1.17, it will show a hammer candle, supported above the 100-day moving average. -
Gold Next Move
Dec 26, 2025 15:32 | by Ashraf LaidiWill send detailed note on latest parameters to our WhatsApp Bdcst Group - سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - ..
