MacroVoices #380 Jim Bianco: FOMC to China to Dollar to AI
Macro Voices
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The Fed Did Not Rake Rates for the First Time in 14 Months
Jim Bianco: The Fed did not raise rates for the first time in 14 months, 15 months. He says there's no rate cut that is being suggested here. Of 18 members that filled out a dot, 16 of them had the rate, had funds rate going up at least once; two didn't have it unchanged. Jim Bianco: They're going to raise rates 50 basis points between now and the end of the year.
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