Yep. Agree.ProgN said:He doesn't want to be the Fed chief that causes several banks to collapse because he waited too long to start raising interest rates and then aggressively raised them to catch up. Even if he raises .25, it will be the last before a pause and probably be accompanied by dovish comments.vette said:
FED ain't done. No way JMoney doesn't do at least one more 25bps hike. Too much egg on his face if he doesn't
I guess we now know why JP can't just come out with multiple 1.00% hikes after years of 0.00% - 0.25%. Those bank bond positions told us a lot. I had no idea that Hold To Maturity (HTM) did not have to be brought to market each month or quarter to reflect value. What a way to hide some stuff. Its hatched a whole lot of ideas in my thought process. Just not certain at the moment if I can legally justify it, but I'm working on it.