In case there was still any doubt if the Fed will again slash its next rate hike increment - this time from 50bps to 25bps at the Feb 1 FOMC meeting - moments ago the Fed's WSJ mouthpiece, Nick Timiraos, aka Nikileaks, made sure everyone knows that in three weeks the Fed will hike 25bps in what may well me its last hike of this cycle. Excerpted from an article he just published on the WSJ: Inflation Report Tees Up Likely Quarter-Point Fed Rate Rise in February Improving inflation data suggest officials will consider a smaller increase than in recent months Fresh data showing inflation eased in December are likely to ... (full story)