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Expectations vs. Reality on FOMC Announcement Day

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Expectations vs. Reality on FOMC Announcement Day

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The latest FOMC Announcement was issued on Wednesday, November 2nd. Coming directly on the heels of the Third-Quarter GDP numbers, the Federal Open Market Committee’s rate decision and the subsequent press conference were expected to have a significant impact on the markets.

Jim Iuorio joined NinjaTrader’s Jim Cagnina on an episode of “See the Futures” to share their thoughts on the report. In addition to analyzing the announcement, they also discussed how traders might interpret the actions of the Fed. Watch the full episode below:

This FOMC announcement analysis includes:

  • A look at how does this rate action fits in with historical Fed announcements and potential market reactions.
  • An examination of how the Fed’s interest rate actions impact the real estate market.
  • A discussion of what could be next for interest rates.  What are the possibilities for 2023?
  • An explanation of how this relates to technical and fundamental analysis of the markets.
  • Charting and analysis of price action for benchmark CME futures products ahead of the Fed announcement.

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