The Fed would have been ‘all-in’ if they hiked 100bps yesterday, but they settled on 75bps. The Fed is in a difficult position. A hawkish Fed interested in killing inflation would have hiked faster and more aggressively.
The Fed would have been ‘all-in’ if they hiked 100bps yesterday, but they settled on 75bps. The Fed is in a difficult position. A hawkish Fed interested in killing inflation would have hiked faster and more aggressively.
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