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What's Your Sensation About Fed Policy So Far?
The Fed has been hinting at raising the short rate several times this year. The balance sheet effect, which is they will start to sell securities, could influence long interest rates. In one sense, i think it's kind of good news, cause we've been living with this aberrational, really low interest rate environment for so long. But if you pile on a bunch of rate hikes, you can get into a recession. That's like a federal reserve caused recession.