So the general consensus is that Feds raising rates is usually considered a US positive for the currency.
The Feds mentioned that Banks and tighter credit based on these Bank Failures and bailouts might help the Feds do their work for them
I'm confused how to view this subject.
Is lower Retail Sales today a net positive then ? Or still negative ?
The direction seems volatile and seems to indicate net positive or perhaps already priced in.
As quoted by some Fed members:
The Feds mentioned that Banks and tighter credit based on these Bank Failures and bailouts might help the Feds do their work for them
I'm confused how to view this subject.
Is lower Retail Sales today a net positive then ? Or still negative ?
The direction seems volatile and seems to indicate net positive or perhaps already priced in.
As quoted by some Fed members:
- Significant credit tightening could offset the need for rate hikes, but judgement difficult in real time
What's it all about ?
Please advise.
Thanks