Pull it?

יהוה_saves

Well-known member
Remember how great the second half of march was!? Well that de-escalated quickly...

A 50bps hike is now a done-deal for next week's FOMC meeting and STIRs are now pricing a near 50% chance of a 75bps hike in June (not helped by a record surge in the Employment Cost Index this morning)!!

That would be The Fed's first 75bps hike since 1994.

And no, US equity markets are not "pricing in" that level of hawkishness... yet:

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