FED Say Pause, But More Rate Hikes Coming This FED lacks credibility. Powel is projecting fear forward. Sometimes this will reduce spending and impact inflation. Sometimes not - oil is a wildcard. It's a dangerous game to play. And let's not forget government debt grows as interest rate grows. Expect the FED balance sheet to grow. No easy way out.
Two rates of 0.25 will be baked into the market soon enough. Followed by a rate cut of 0.25. A better plan was one more rate hike of 0.25.
Silver is doing fine. When the pause/pivot happens we are headed to 30 dollars. Wait.