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  • Fed Hawk Waller Joins Other Officials Open to Half-Point Rate Hike

    From bnnbloomberg.ca

    Federal Reserve officials backed expectations they will moderate interest-rate increases to 50 basis points next month, while stressing the need to keep hiking into 2023. In a speech on Wednesday, Governor Christopher Waller said his final decision on the size of the appropriate move next month will hinge on data. He also left the door open to a sequence of half percentage-point increases if needed to curb high inflation. “The data of the past few weeks have made me more comfortable considering stepping down to a 50 basis-point hike,” Waller said at an event in Phoenix. “But I won’t be making a judgment about ... (full story)

Soon enough they will be lowering again. Markets know it. FED just hasnt realized it yet.
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Oh yeah, they ain’t slowing down. Nor is the US dollar at a top.
Quoting Banditten
Soon enough they will be lowering again. Markets know it. FED just hasnt realized it yet.
It depends on upcoming data.. I agree that most likely Fed will do a 50 bp and (probably) not 75 basis hike this time.. but it's not the rate that matters, it's the FED commentary afterwards.. If FED decides to maintain the rate for a long time , how will market react? I just want to see all these Wallstreet millionaires to become bankrupt SO THAT OTHER SMALL/MEDIUM INCOME PEOPLE DON'T HAVE TO SUFFER BECAUSE OF THEIR GREEDINESS... Let inflation come down.. (PS: Everyone is equally responsible)
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