Pre Fed Interest Rate Decision
Hmmmmm... what will the Fed decide to do?
Pre Fed Interest Rate Decision
Tomorrow is the Federal Reserve interest rate decision, and Chairman Jerome Powell will give a speech. In my November letter to 3rd Eye Invest users, I mentioned how I did not think the Fed would lower interest rates because key data was missing as a result of the government shutdown.
I’m not walking back from my statement. I like to be prepared/have an investment strategy for a cut or hold. There’s a serious case for both, with one fed president voting for a hold and a governor in favor of a cut.
There are many things to pay attention to this month and beyond. Users will receive a continued pause to save up every week or resume recurring buy text and update soon.
Amon’Dre Muhammad
Founder, Portfolio Manager & CEO, 3rd Eye Invest
amondre@3rdeyeinvest.com