John Norris
John Norris
change continue fed increase meets rubber statement
When the rubber meets the road, this statement doesn't change anything, ... The Fed will continue to increase rates. The only thing that we do know is that they will continue on a tightening mode.
basis fed overnight rate stops
Historically, the Fed stops when the inversion of the overnight rate to the 10-year is about 30 to 40 basis points.
crushing economy fed hopefully inflation rate risk terribly twelve weeks
We'll have another tightening or two and then the Fed can pause. Twelve weeks from now, the Fed will hopefully see inflation is not terribly different from now and is not going to risk crushing the economy with more rate hikes.