The Fed's Fear of a More Rate Hike This Year

The Fed data has only been out for a couple of hours but already what I'm seeing just in Twitter traffic and other notes emails and so forth coming across my desk is this continuing belief that there could maybe be one more 25 basis point hike this year. Lynn Alden: We have to consider both speed of the hikes and the oke the final level because if they inch up very slowly they have more you know kind of leeway they already get higher. The long-term trend is still towards periods of either stagflation or renewed periods of inflation well Lynn i can't thank you enough for a terrific interview but before we go please tell our listeners a little bit more about what you do at