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Fed Caught Between a Rock and a Hard Place

MRKT Matrix

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Do They Have a Tough Job?

I think that they probably, you know, that whole heavy is the head. I'm not fed chair when I am, we'll have a different conversation. It's exactly right. They've already used extraordinary measures to just stem the tide of these kind of failures of a half dozen regional banks. So let's just say they do 25, which the CME Fed Fund's tracker is probably seeing about an 80% probability that they do that. But then they kind of just say, "We're just going to wait and see"

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