Will The FED Surprise With A 50 Basis Point Hike
This is the question asked by ZH. Much more likely is a surprise 25% hike at next week’s meeting, rather than a 50% hike in March. The FED is behind the curve, and getting started immediately, is the more important urgency. Smacking an already reeling stock market and the economy with a half point hike in two months doesn’t help anything or anyone. Start now in January with 1/4 point and another 1/4 in March, gets the same increase but starts the medicine now when it is needed, instead of over dosing him in two months. https://www.zerohedge.com/markets/will-fed-surprise-50bps-rate-hike-one-bank-explains-why-could-happen
Yes 25% Interest Rates aught to slow things down a tad
🙂
Freudian Slip CM ?
LOL Sir Fully! Had to read CM’s post twice to get your joke!