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The Fed's Decline in Interest Rates
The day after the conclusion of the fomc meeting which was generally seen as a as a hawkish move and fed funds futures declined. About five rate hikes are priced in for the fed funds rate by december of this year when you say that the central banks they won't do enough rate hikes do you think yes they'll get to five but five won't be enough or do you think no five is enough? We've had obviously compulsorally restrained consumption particularly of services it's been illegal to consume lots of services so that's going to come bursting out something we haven't really seen since more time.