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The Fed’s Latest Policy Meeting, a Wild Ride for Mortgage Rates, and Record Money Market Inflows 03/21/23

Morning Call

00:00

The Fed Will Raise Rates Tomorrow, 25 Basis Points

JPMorgan City, Morgan Stanley Bank of America agree with me that there will be a 25 basis point hike tomorrow. They're suggesting the Fed is already in a path to no return from a note quote. "The Fed off landing now looks unlikely"

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