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Likewise, it gives the FED a chance to say that they'll only raise rates by 50% next time and maybe only 25% in January. Then they can keep high interest rates
by nine_zeros 4y ago
Likewise, it gives the FED a chance to say that they'll only raise rates by 50% next time and maybe only 25% in January. Then they can keep high interest rates for a long time while layoffs continue to cause demand destruction.
- richiebful1 4y agoFYI, 50 basis points is a 0.5 percentage point increase, not 50%