75 Basis Point Rate Hike May Signal Peak Hawkishness – Ep 820
The Peter Schiff Show Podcast
00:00
The Fed Needs to Rise by 75 Basis Points
A lot of people that were coming on television earlier to day, i was watching kevito leary, mister wonderful, of shark tank, claiming that the fed should go by a hundred basis points. Now if de fed really wanted shock the markets, they would have stuck to the 50 bases point hike they had originally promised or actually gone a hundred bases points. Either one of those would have shocked the markets. But none the less, this 75 basis point rate hike is the biggest intrustrate hike in 28 years. So it's very rare that the fed moves by 75 basis points. It wasn't unanimous. There was one lone dissenter, esther george. She only
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