Alfonso Peccatiello (Alf) on Money Printing, US Risks and ECB Surprises
Macro Hive Conversations With Bilal Hafeez
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Can You Hike 50 Basis Point?
markets are pricing four to five hikes for this year. Think the fed has a base case in their mind a won a hike four times. But what really matters, billal is that powell chose explicitly not to truncate the distribution of future outcomes from the awkish right tail. He literally left open all the options and didn't deny any of those.
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