Fed bet: 25 bps raise and almost no change in bias statement.

[swag]

No reason to care, but

I made a different bet in GD the other day, saying that the Fed would change the bias statement in a way that would cheer stock investors up a bit, but I think that was wrong. Looking at the core CPI from the past few months, this morning's GDP revision and the PCE deflator, I think the Fed will raise rates 25 basis points and make almost no change to their bias statement from the last go-around.


See you at 11:15 Pacific time.

[joneschick]

1. here ya go!

[swag]

2. Thanks for trying. We'll see if it works.

D'oh!

[swag]

6. You didn't kill this thread.

This thread committed suicide.

[swag]

3. Oh yeah, and if I'm right about the bias statement, this morning's

mini-rally in stocks will quickly evaporate.

Big fuckin' deal.

[swag]

4. I'm going to lunch.

Somebody please have the bias statement waiting for me when I get back, 'kay?

[swag]

5. Okay, 25 basis points and a little hint of a pause,

so I was wrong on the bias statement.

Let the cartoons begin!

[joneschick]

7. pssssst!

(how was lunch?)

[swag]

9. Oh, pretty good.

Had some unhealthful Chinese food and read one of the free weekly rags.

How was your lunch?

[dolo amber]

8. Is this the new kudzu thread?

:shrug:

[swag]

10. Why does everybody always ask the same question?