The market is looking at a cooler 25bp as some countries had (eg. Canada) or are considering a pause in rate hikes. Personally, I wish for 50 bp, too, as this will bring inflation down closer to target 2%. However, I also read that the increase rate will further cause difficulties i repayment to Janet Yellen, who is looking at another national debt celing problem. So will Jerome Powell have the gut to bite the bullet? or will he opt to please the market and regulators? we will find out around 2 to 3 pm Eastern time.
russell_lll : Possible…
Seraphicall : Means?
我在坐以待毙 OP Seraphicall : interest rate up by 0.5 percent
Seraphicall : Ok got that.
Make it Big : Fed is likely to hike rates by a quarter point, be steadfast in inflation battle
https://www.cnbc.com/2023/01/31/the-federal-reserve-is-likely-to-hike-rates-by-a-quarter-point.html?__source=androidappshare
The market is looking at a cooler 25bp as some countries had (eg. Canada) or are considering a pause in rate hikes. Personally, I wish for 50 bp, too, as this will bring inflation down closer to target 2%. However, I also read that the increase rate will further cause difficulties i repayment to Janet Yellen, who is looking at another national debt celing problem. So will Jerome Powell have the gut to bite the bullet? or will he opt to please the market and regulators? we will find out around 2 to 3 pm Eastern time.