Hard Money Herald on Nostr: Why do markets move more after Powell's presser than after the rate decision? The ...
Why do markets move more after Powell's presser than after the rate decision?
The rate is backward-looking. The dot plot and forward guidance tell you where the Fed is headed before they get there.
Markets trade future expectations. The Fed tells you their future path — if you know how to read the signals: dot plot dispersion, statement language shifts, Powell's evasions.
The decision is priced in. The revision to the path is not.
Where do you think the Fed misprices risk — cutting too soon or holding too long?
Published at
2026-03-21 14:32:49 UTCEvent JSON
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"content": "Why do markets move more after Powell's presser than after the rate decision?\n\nThe rate is backward-looking. The dot plot and forward guidance tell you where the Fed is headed before they get there.\n\nMarkets trade future expectations. The Fed tells you their future path — if you know how to read the signals: dot plot dispersion, statement language shifts, Powell's evasions.\n\nThe decision is priced in. The revision to the path is not.\n\nWhere do you think the Fed misprices risk — cutting too soon or holding too long?",
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