Feds won't raise. They're bluffing.
“Feds won’t raise. They’re bluffing.”
You may be right, but if I had to lay a bet on “bluff or no bluff.”
I’m going with rate hikes, with Europe and Asia either synchronizing or following.
So much of what the Fed does, day-to-day, is pushing a narrative by pure talking. They are the great and mighty Wizard of Oz.
Feds have no recourse except to raise - they did such a good job in boosting runaway inflation in a depressed jobs market that they have no choice now.
“ Feds won’t raise. They’re bluffing.”
I’ll bet they do this calendar year. Loser makes a $100 donation to FR.
Are you willing to take that bet?