US Fed mulls more rate hikes amid banking uncertainty

Fed is not going to confirm a bank crisis is underway by doing nothing.
They will signal that things are under control.

Still have much work to do on inflation. Even though monetary policy can not address supply constraints which have come from poor energy policies.

Until economy shows some real cracks they must stick with their current program.

Bank crisis is far from over as lending is falling evidenced by continued contraction in money supply.

add: am in camp of .25 rise but a cautionary statement about being watch full, but not a dovish outlook.
Market is priced too dovish on Fed at this point.

add#2 Yellen does not have statutory authority to put US Treasury behind a full backing of all deposits. Which is what it would take, even if she talks as if she did.

"Bank crisis is far from over as lending is falling evidenced by continued contraction in money supply."

Dunno. Money supply (with regard to market value) stabilized pretty well in the last 12 months or so:
https://en.macromicro.me/collections...e5000-to-us-m2

I need to go bad before it can be better. Problem is that as soon as something is breaking FED rushes to help with more QE.

"Cohesive nationally owned sustainable development strategies, supported by integrated national+financing frameworks, will be at the heart of our efforts. We reiterate that each country has primary responsibility for its own economic and social development and that the role of national policies+and development strategies+cannot be overemphasized.We will respect each country’s policy space and leadership to implement policies for poverty eradication and sustainable development, while remaining consistent with relevant international rules and commitments.At the same time, national development efforts+need to be supported by an enabling international economic environment, including coherent and mutually supporting world trade, monetary and financial systems, and strengthened and enhanced global economic governance.Processes to develop and facilitate the availability of appropriate knowledge and technologies globally, as well as capacityJbuilding, are also critical. We commit to pursuing policy coherence and an enabling environment for sustainable development at all levels and by all actors, and to reinvigorating the Global Partnership for SustainableDevelopment."

Hell of an approach to poverty eradication, by killing the poor.

Keeping it 0 for way too long, the trick is to pull back as much and as much of that cash as possible, additionally new owners will appear to fill the GAP.

They want to crash the system and replace it with techno-feodalism.