Re:Ask HN: Fed Rate Hike today – 50, 75 or 100 BPS?
by jackallis on Thursday June 16, 2022 @09:41AM
(#31765925)
very much so after all the appeasing by Mr. Powell that 0.75 is dramatic. This u-turn makes me nervous because 1. he said inflation was transitory 2. oh, we wont' raise interest rate fast 3. crap, we are behind lets go 0.50bps 4. my god, we are really really behind, lets go 0.75bps and mother of all 5. no recession here, economy is strong, solid job #. Recession is coming folks.
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