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Fed Not Crying Wolf

Saturday, March 18, 2017 3:57
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(Before It's News)

from Lakshman Achuthan, Co-Founder and Chief Operations Officer of ECRI

In early February, following the last Fed statement, March rate hike probabilities fell to just 15%, with the markets expecting only two rate hikes in 2017. In contrast, we explained why faster rate hikes were likely and declared in an ECRI report: “The Fed will be spurred to hike rates more than most believe. That is the inescapable logic of the current state of the economic cycle.”

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Source: http://econintersect.com/pages/contributors/contributor.php?post=201703180537

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