Goldman Sachs and Evercore ISI Fed Forecasts 75bp Hikes in June and July
"Revising Our Fed Forecast to Include 75bp Hikes in June and July Following a Hint in the Wall Street Journal"
$Goldman Sachs (GS.US)$ Chief Economist Jan Hatzius and Evercore ISI Strategist Krishna Guhu both sounded the alarm on the potential 75bp rate hike coming at the June FOMC meeting on Wednesday. This comes after Wall Street Journal's report yesterday that Fed Likely to Consider 0.75-Percentage-Point Rate Rise This Week.
Do you think the Federal Reserve will hold or hike interest rates tomorrow? And how do you think SPY will react?![]()
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lightfoot : what the feds are doing is playing Russian Roulette. The idea of raising I.R. to slow inflation ok, but they are too late. get Rid of Biden, open the pipeline, close the borders, build a new refinery, build inventory, get consumers to be more fuel thrift. Cut regulations, cut taxes. Economics 101 but Biden never went to class. pledgerism his college years.
mooster Han OP lightfoot : Economy is gasping for air.