3min chapter

Forward Guidance cover image

There Are No Doves Left At The Federal Reserve | Nick Timiraos

Forward Guidance

CHAPTER

The Fed's Emergency Rate Hike

Some people speculate that the Federal Reserve will do an emergency rate hike. The Fed has cut rates in between FOMC meetings just because there's not enough time, at most notably in March of 2020. If the Fed Chair comes out and says, we're going to hike a lot at our next meeting, then the market prices it in,. You basically haven't you basically accomplished the point of the intermeeting cut.

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