RE:Fed Rate Hikes Likely to Be Lower than expectedYou have steered so many wrong with your drivel it's almost a crime. The FED will raise, there is no choice buddy. If you knew anything about fiscal policy, the president has no control over setting rates. Up she goes this year 6... maybe 7 times and Biden just like that goof Trump before him can not change it.
quinlash wrote: The Fed now has its feet put to the flames due to a pull down in the broader markets. For the Fed to go ahead with high rate hikes they will be blamed for market weakness and a hit to the US Economy. This ultimately lands on the desk of only President of the United States that has dropped in popularity by over 30% within his first year in office... think he wants any more bad press?
The Fed will be forced to produce lower than expected rate hikes now or defer any rate hike increase until after the mid-terms.
Think about it... Money and Power... the market movers used their money to assert their Power over the US Fed to FORCE lower Rate Hikes
Think too slow and you get hit with the train.
Q