PVG Market In A Minute - November 1, 2022
PVG Admin
November 1, 2022
Wednesday is the big day. The Federal Reserve will likely raise interest rates by .75% to 4% on the Federal Funds rate. The market knows this already but is less certain of the next meeting and thereafter. We believe the bond and stock market are now expecting another .50% in December and perhaps one or two more .25% raises in the first quarter.