Fed to hike 25bp should conditions allow

Fed to hike 25bp should conditions allow

From think.ing.com

While the most prudent course of action may be to pause and digest the fallout from regional banking woes, the Federal Reserve is focused on inflation and will look to hike 25bp if conditions allow. With both higher borrowing costs and reduced access to credit set to weigh on growth and inflation, we continue to expect rate cuts in the second half of this year. Banking stresses are a de facto tightening It has been a remarkable few days in financial markets. As recently as 7 March, Fed Chair Jerome Powell opened the door to a 50bp rate hike, citing concerns that “unacceptably high” inflation could last for longer ... (full story)

Dontcha see? We have to destroy the economy...to save the economy.

"If The Fool persists in his Folly he will become wise." - William Blake

Quoting The Fool

Disliked

Dontcha see? We have to destroy the economy...to save the economy.

Ignored

But if that is the narrative then why do they bail out banks.

The FED will pivot in a big way to 'feed the beast'.

50 bps incoming

.50 = Gold $1900 first than+2000

TuriBinda

- 25bps or nil, depending on market sentiment the next two days
- Backdoor QE (BTFP)

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