Dollar and rates down a little early here.
Doesn’t really matter though does it? We either sell off after the announcement, or rally and then sell it all back down plus some tomorrow. Been that way forever.
There’s still talk of the Fed cutting in 2024. I don’t see it happening, but I suppose anything is possible. The only reason they’d cut is to make Gov’t. debt more manageable, but if they do, the dollar falls and inflation roars back even worse than it is now.