RANsquawk Preview: FOMC Rate Decision - 28th January 2015

Comments

[wmbz]

Everyone above ground knows exactly what the un-fed will say/do. No need to even talk about it.

[Edward Morbius]

PPT in action. "Must keep Dow... above... 17500... liftoff tomorrow... after Janet "speaks"."

[FreeShitter]

Rates wont be raised and QE 4 inbound..

[jmcadg]

Was it just me that was waiting for this guy to say 'Fuck it, I can't read this fuckin' auto cue?

[knukles]

During the wee hours of the night my back was acting up and I couldn't fall back to sleep.  So I hesitantly turned in either CNBS or BBG (London orifices) and they had an interview on with some economist lady from Phoenix.  I wondered if she knew how to spell Albuquerque, let alone Phoenix....most people get them both wrong.  But anyhow, she was answering questions from the host that were clearly designed to be of an ilk to make you try to speak about economic strength.  Loaded questions.  And she was speaking more like the outlook here from Hedge Mountain  .... no tightening, etc., lousy data, etc.
BUT
It was clear that this had all been scripted and that they were taking turns reading the questions and answers.  There was no extemporaneousness in the speech patterns.
It was read out loud.

Propaganda!

It got shut it off.

[knukles]

One thing's for sure... actually several.
They're not gonna tighten or even talk of an impending tightening as the macro data sucks.
After each time Janet's spoken, the wheels have fallen off.
So, there's the preview as per Uncle Knukies.

Back to whatever I was doing before this... that I don't remember, anyhow.