I don’t agree. The FED tries to forecast, it’s not always right of course, no forecaster is.
The FED could be right to expect slighter better economic activity going forward. I expect better growth.
A .25% raise is virtually a no effect event. It what they do down the line that will matter.
I’ve only been at this about 50 years and of course I can be wrong too. However, I pretty much goofed off until I was 35 and retired at 60, so I’ve been right more than wrong.
Yeah, what you say makes sense. I just can’t help but not trusting the Federal Reserve. It would be nice if that was the simple truth, but I think they play games with the reserve rates. (Like trying to get away with an economic bump by just “teasing” the country for months about a rate cut, but never actually following through)