Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

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Baytex Energy Corp > Markets today - the Fed rate change

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Post by BayStreetWolfTO on Mar 16, 2022 9:14am

Markets today - the Fed rate change

Market futures green. Assume market has priced in the rate hike today.

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Comment by Tommy007 on Mar 16, 2022 9:25am

Consensus of rate hike is 25 basis points.

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Comment by 1condor on Mar 16, 2022 10:39am

Tommy007...that is right...a 25 basis point hike. I suspect 5 or even 6 more 1/4 point raises this year...perhaps even a .50 at one meeting. This would still have the FED behind the curve. Most now know that inflation is no longer transitory...but full blown on. Commodities is where you want to be in 2022-2023.

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