The Fed Out Hawked the Hawks to Day

Powell said at the very end he thinks it's likely the fed actually hits that fourr 4 point six % rate. That number made the feds out look more hawkish than the market, which sharply adjusted its fed outlook upward in just the past month. Milissia: I wouldn't think too hard about that, milissa, because i think that the a, the way to play this is to just assume the fed is going to be more hawks than you thought it was going to be. A, seymour's exactly right. You've got to go back to somewherea two thousand andit'sright o 19 80.