Well, unfortunately, that was true when the Fed was hiking early in the cycle.
When the Fed is hiking SO OBVIOUSLY late into the cycle – that hurts when they should think about easing.
If only the FFR was already at 3% or so…
Well, unfortunately, that was true when the Fed was hiking early in the cycle.
When the Fed is hiking SO OBVIOUSLY late into the cycle – that hurts when they should think about easing.
If only the FFR was already at 3% or so…
