The experts, link here:
I never followed the Fed prior to Jay Powell, at least not to the extent I follow him now.
He has given himself lots of wiggle room to change velocity (speed and direction) as conditions change.
The worst case situation:
- 25 basis points x 7 = 175 basis points
- + a 50 bp in March = 2.25% by the end of the year.
At worst.
The fed rate since the 1950s at this site.
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