Back in the middle of February – during the height of the financial-market turmoil, the market was pricing in a shockingly policy-error-ish 36.5% chance of a rate cut in 2016. Since then The Fed has done everything it can to try and regain credibility – attempting to be hawkish in the face of dismal data, baffling everone with bullshit, and droning on about data-dependence.
Published in TZ Latest News 25 May, 2016 by The TZ Newswire Staff
"Dovish" Fed Expectations Collapse To Lowest Since 2015
Published in TZ Latest News 25 May, 2016 by The TZ Newswire Staff
"Dovish" Fed Expectations Collapse To Lowest Since 2015
Back in the middle of February – during the height of the financial-market turmoil, the market was pricing in a shockingly policy-error-ish 36.5% chance of a rate cut in 2016. Since then The Fed has done everything it can to try and regain credibility – attempting to be hawkish in the face of dismal data, baffling everone with bullshit, and droning on about data-dependence.