Once I paid off the mortgage of my house, my savings rate went up significantly. My savings rate is 75% currently. Provided that I have no spouse or children to support.
1
I'm surprised that the market reversed and climbed up after his hawkish message was being delivered
1
25 basis points rate hike is already priced in, but there are several hawkish fed members who have stated 50 points hike is necessary in March. If they end up raising 50 points in March, then the market will react negatively.