Powell Hits Pause…For Now
MRKT Matrix
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The Fed's Rate Target: The Surprise That They're Going to Go
The market is saying, you know what, bullshit, you're not going to hide two more times this year. That's to me, that is the surprise that they're going to go. And we're going to start seeing that across the swath, I think, of economies. Upper bound of Fed Fund rate target tells the story as well. You've got things like this hiking cycle looking much more steep than others.
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