An Update On The "March Banking Panic" | Weekly Round Up
Inflection Point
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The Fed's Expectations for the Terminal Rate
I think the market is basically ever since the Fed first started to high grades, which was a surprise. The terminal rate at one point peaked at 5.8% after the banking crisis it dove down. But now we kind of see this terminal rate just sort of grind back up. I would say I have a slightly rosier rosier view of the short to mid term but I guess on risk assets sure. Well, I'm not someone who thinks the Fed rates are going to go to 6% or 7% I think it's yeah what 25 basis point hike in May and then I think the Fed is done.
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