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Fed Jerome, looking to make two more Rate Hikes before 2022 is Out

 
Nexus-9

User ID: 75178015
United States
09/23/2022 12:21 PM
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Fed Jerome, looking to make two more Rate Hikes before 2022 is Out
One in Nov and Dec. Current rates are 3 - 3.25%. Fed was shooting for 3.8%, but like a scene from Star Wars where Lando protests Vaders altering the terms, the Fed is now shooting for 4.6%

No link, just multiple chatter from what I'm reading. Anyone is welcomed to confirm by posting their own link, but the news is out there.
"Fiery the Angels rose, & as they rose deep thunder roll'd
Around their shores: indignant burning with the fires of Orc" - William Blake, America a Prophecy
(...also misquoted in Blade Runner by Roy Batty)

"Tempus est optimus iudex" - "Time is the best judge"

"The very word "'secrecy'" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings." - John F. Kennedy, New York City, April 27, 1961
Nexus-9  (OP)

User ID: 75178015
United States
09/26/2022 01:13 PM
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Re: Fed Jerome, looking to make two more Rate Hikes before 2022 is Out
Pretty much the cause of Monday morning market churn
"Fiery the Angels rose, & as they rose deep thunder roll'd
Around their shores: indignant burning with the fires of Orc" - William Blake, America a Prophecy
(...also misquoted in Blade Runner by Roy Batty)

"Tempus est optimus iudex" - "Time is the best judge"

"The very word "'secrecy'" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings." - John F. Kennedy, New York City, April 27, 1961





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