The Fed Needs to Reset Its Policy

Housing Wire's Logan Modashami said the Fed needs to reset its policy. He also looked at CME market watch tool where they do predictions of what the Fed's going to do in upcoming meetings. Right now there is a 94.2% chance that the Fed will increase rates a quarter of a basis point, which is less than what they've been doing. But that still may be too aggressive given what we're seeing.

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