Kaplan does the Fed dance (Maybe we will. Maybe we won’t)
If rates were too low – which would imply probability of a tightening would not be priced in – the Fed would not tighten because the market had not priced it in.
Kaplan does the Fed dance (Maybe we will. Maybe we won’t)
If rates were too low – which would imply probability of a tightening would not be priced in – the Fed would not tighten because the market had not priced it in.