Fed hikes 75bp, no forward guidance
NAB Morning Call
00:00
Is the Fed Stop Tightening?
The market wants to believe that the economy is slowing sufficiently now, says phil. The Fed chief didn't give anything away on whether he was more hawkish or less hawkish in his speech today. But i think the markons to think that theyre, theyre at neutral. What they think is at neutral. Mol, so the rate of a rate rises is gono down from here. They woudn't like that very much but er perhaps it's because they think this is going to get inflation down.
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