20/07/17

One Trader Warns – Next Week’s FOMC Meeting May Not Be As “Benign” As The Market Believes



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One Trader Warns – Next Week's FOMC Meeting May Not Be As "Benign" As The Market Believes
// Silver For The People

zerohedge.com / by Tyler Durden / Jul 20, 2017 8:53 AM

If ever there was a chance for The Fed to 'sneak' in a rate-hike while everyone is distracted, it's next Wednesday as Trump Jr testifies to Congress. As former FX trader Richard Breslow remarks, The Fed "woulda, coulda, shoulda [hike] next week… but certainly won't," noting that if they are truly concerned about the "stretched valuations" taking an extended vacation through the summer is the worst thing The Fed can do…

Via Bloomberg,

It feels strange but, curiously, not ....

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