NOW THAT KACKALA LOST WHICH OF THE FOLLOWING DO YOU MOST EXPECT
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zerohedge @zerohedge *BOSTIC: FED COULD BE IN POSITION TO PAUSE BY MID TO LATE SUMMER
Perhaps he meant to say … 50 basis point increases in Mar, May, June & July to get us to 6.75% Fed Funds Rate = 9.75% Prime Rate by the summer break.
That would tie in with peak in DXY and subsequent decline into YE as commodity spike shifts into gear?
This Implies there will still be something to Pause come summer
Pretty clear the market didn’t quite run out the logic that far yet. We’ll just have to wait and see if they revisit their reaction.
Perhaps he meant to say … 50 basis point increases in Mar, May, June & July to get us to 6.75% Fed Funds Rate = 9.75% Prime Rate by the summer break.
That would tie in with peak in DXY and subsequent decline into YE as commodity spike shifts into gear?
This Implies there will still be something to Pause come summer
Pretty clear the market didn’t quite run out the logic that far yet.
We’ll just have to wait and see if they revisit their reaction.