Yardeni is right. The faster the FED raises, the sooner it can stop raising and eventually lower. But .75 is the likely amount for this time. I wish they’d do 1.0% but don’t see them doing that, even though the Bond market is telling the FED to step up the pace.
Which makes Bonds attractive and I’ve been laddering up with them.
Which bonds in particular?
And yet, the Fed acting seems to be a greater influence on the length and depth of the recessionary cycle. Solving problems, not so much.
Fed Hikes Rates Another 75bps, Sends Hawkish ‘Higher For Longer’ Signal With DotPlot
https://www.zerohedge.com/markets/fomc-3
Here’s the rate hike you were looking for.
1.0% are not the droids you’re looking for.