alanbwt on Nostr: Prophecy fulfilled. Fed just raised rates by 25 bips #[0]

Prophecy fulfilled.

Fed just raised rates by 25 bips

quoting
nevent1q…q32d

If I had to guess, I’d say the Fed raises interest rates by 25 bips, so they can try to save face by not reversing course entirely, but also signal to markets that QT is ending, and QE5 is beginning