seems like, if the market is going to correct anyway, and everyone knows inflation is here, why not raise rates for a bit. Its probably the right time. Companies wont be seeing any real re- opening growth till much later in the year anyway. I would raise until Oct. Then dovish again at that point.
I have said for years that the fed will be the one next to collapse this market. They have repeatedly printed money and have been carelessly propping and artificially producing a unicorn economy. They say don't fight the fed. I believe that phrase will come to an end one day......
Can't believe no matter how he promises not to increase the rate, ppl still sold off the market. What do you want the man to do??
Apparently in this go it had partly to do with the "SLR" for banks, which expires at the end of the month.
I think Mr. Gums has Allen Greenspan's disease (the need to be the center of attention. I'm the maestro of the financial world. My words are pearls of wisdom that could take the markets up and down at will. I think Yellen and Bernanke were better FED chairs (they didn't crave for attention or illusion of power and vanity).
Yeah. All three of these were real "winners". Requirements for being Fed Chairman: 1) Print a fuckton of money 2) Keep rates pinned artificially low when possible to inflate asset bubbles 3) Bow to the financial markets every time they throw a temper tantrum 4) Print a fuckton more money