Monday, March 5, 2018

Brian Romanchuk — Back To Gradualism

My reading of the consensus view is that the change in personnel at the Federal Reserve has coincided with a more hawkish outlook, although the tax cut presumably helped push matters. I do not have a strong reason to disagree with such a view; the Fed is probably going to revert back to its historical policy of gradualism -- which was a 25 basis point hike per meeting....
Bond Economics
Back To Gradualism
Brian Romanchuk

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