Dimon Sees ‘Storm Clouds’ Over the US Economy
Bloomberg Businessweek
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The Fed Funds Rate Shouldn't Overreact to an Overreaction in the First Place
The expectation is that the fed will raise rates by a half point at each of the next two meetings, which would bring the fed funds rate to two %. There are some fed members who think we should be doing more than that and maybe do quarter point hikes into early next year. Michal: To a certain extent, the slow down that we're seeing in the stock market and from some firms during earning season is kind of what the fet is going for.
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