Don’t forget to keep a whiteboard close at hand for all those great new ideas standing might inspire! If you want to go further still, try a walking meeting. Standing mats will help ensure everyone is comfortable while standing. One option is then to combine your table with slightly higher chairs or stools so that the participants can opt for a half-seated semi-upright sitting position sometimes. So what is needed for a standing meeting to work practically? A sit-stand conference table will allow for both sitting and standing meetings, letting you choose which is more suitable or even switch positions two during the meeting. "As a compromise, we think that the Fed will stress that rate cuts are not on the cards anytime soon, with easing to begin no sooner than the second half of 2024.Everything you need for a standing meeting rate increase as unlikely in the current cycle," he said. The Fed likely "will not signal that it is done tightening policy just yet," said Matthew Ryan, head of market strategy at Ebury. However, some market participants think the Fed's hands could be forced into another hike as inflation hangs tough. Traders see the first cut possibly coming in June. He also noted that the Fed by now will have seen the quarterly senior loan officer survey that gauges how tight lending conditions are at banks.įor its part, the market is pricing zero chance of a rate hike at this meeting and just a 29% probability of an increase in December, according to the CME Group's FedWatch measure of futures pricing. Options aheadĭavid Doyle, head of economics at Macquarie Group, said Powell's comments "may be more market moving" than the FOMC statement, adding that markets will be watching for the chairman's views on the movement in Treasury yields. In that speech, Powell said he considered inflation to be still too high and cautioned that the Fed, while being able to move carefully, was attuned to possible upside risk to inflation. The bank added that it expects Powell's post-meeting statement so "largely mirror" remarks he made in New York earlier in October. At the press conference, Chair Powell will likely reiterate that the Fed is 'proceeding carefully.'" "The Fed has adopted a more cautious tone due to the long-end rate rise, arguing rates markets have done some of its tightening. "The Fed will likely hold rates steady despite accelerating GDP and employment," Bank of America credit strategists said in a client note. ![]() That all happens two days before the Labor Department issues its nonfarm payrolls report for October, and comes on the heels of a report showing better-than-expected economic growth in the third quarter but a likely slowdown ahead. ![]() Also on tap Wednesday: the Labor Department's report on job openings in September, and ADP's estimate on private payroll growth. Earlier in the day, the Treasury Department will provide more information on its funding needs in the near future, in what could be a pivotal moment for investors with a keen focus on how the government manages its $33.7 trillion debt. In fact, markets will have a dual focus Wednesday. With much of those fears have centered around how much higher rates could go, and how long the Fed will keep them elevated, Powell's post-meeting news conference, as well as the FOMC statement, could move markets. Though looking stronger this week, stocks have been reeling through the past two months, while Treasury yields have been hovering around 16-year highs - dating back to the early days of the financial crisis. He's managed to thread the needle here very well."ĭespite the chair's efforts to walk a line between holding tough against inflation while being attuned to the impact higher interest rates have on the economy, markets have been sensitive. "My sense is that Powell is going to want to be very measured and careful about sounding too hawkish. But, what is the messaging?" said Josh Emanuel, chief investment officer at Wilshire. "There's no likelihood that the Fed will do anything here. What investors will watch, instead, are the signals that come from Chair Jerome Powell and the rest of the Federal Open Market Committee about where they're leaning for the future. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit
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