​Fed Cuts Rates By 25bps As Expected, Removes ‘Dovish’ Inflation Language – Tyler Durden

Fed Cuts Rates By 25bps As Expected, Removes ‘Dovish’ Inflation Language It’s been an ‘eventful’ six weeks since The Fed decided (on Sept 18th) to slash interest rates by 50bps. The macro-economic data has literally exploded stronger… Source: Bloomberg …with inflation reigniting and growth surprises soaring… Source: Bloomberg …and that has slammed rate-cut expectations down by over 100bps… Source: Bloomberg Which has helped lift gold and stocks while crude prices have collapsed (and Bitcoin has gone vertical)… Source: Bloomberg But, more problematically, the mortgage rate has ripped higher since The Fed cut… Source: Bloomberg The market is fully priced for…  — Continue at ZeroHedge News : Read More