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3min chapter
Commercial Banks Taper Treasury Purchases | Joseph Wang & DC Analyst
Forward Guidance
Netflix's Down 25% After Earnings
Bullard Express fondness for a 75 basis point interest rate hike, which would be the first one since 1994. He praised Alan Greenspan's decision to raise rates by three quarters, saying that it set up the US economy for a stellar second half of the 1990s. The market has priced in for the next two meetings, so the May meeting and the June meeting has priced in about a 50% increase.
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