4min chapter

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Bank of Japan Re-embraces Yield Curve Control | Roundup

Forward Guidance

CHAPTER

The Fed's Credibility Is on the Line

The market is highly front-loading rate hikes this year. Bullard rode the markets last Friday with his comment that he thought maybe we should do 50 basis points and definitely 100 before July. I really think there's a struggle in the FOMC right now as to what to do.

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