Banks might be toast but the Fed isn't done until tofu comes crashing down in a H&S pattern. If they don't raise rates next week, everything pops back up.
My guess at this point is .25% because the Fed is usually more hawkish than ECB, so I doubt the Simple Jack Powell keeps rates the same. I doubt he does .5% though, that would absolutely tank the market. Of course that is what he needs to do, but he won't do it because he's the Village Idiot. the ECB apparently is now willing to do it though.
My guess at this point is .25% because the Fed is usually more hawkish than ECB, so I doubt the Simple Jack Powell keeps rates the same. I doubt he does .5% though, that would absolutely tank the market. Of course that is what he needs to do, but he won't do it because he's the Village Idiot. the ECB apparently is now willing to do it though.
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