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The Federal Reserve 25 bps cut sends markets on fire – SEP, Powell's speech and Market reactions
['Elior Manier', 'Market Analyst']
MarketPulse
The much expected FOMC cut finally took place, and it is offering a lot of action throughout markets.
An additional 50 bps is planned by the FED for the rest of the year.
As expected Miran dissented for a 50 bps, the dot plot is a bit more dovish than expected.
After the volatile past few days, particularly in FX markets and commodities, [...] took the seat of the most violent movements.
Let's take a look at a few key charts to spot what changed amid this volatility:
['sep'
'speech'
'powells'
'markets'
'reactions'
'volatile'
'expected'
'cut'
'took'
'right'
'yearas'
'fomc'
'50'
'federal'
'volatility'
'sends'
'bps'
'reserve'
'market']