2 ms·
Exactly. Fed was boxed in. 0bps and it would have sent a signal that things were more serious than currently accepted. 50bps and the market would have panick
by 01100011 4y ago
Exactly. Fed was boxed in. 0bps and it would have sent a signal that things were more serious than currently accepted. 50bps and the market would have panicked. 25bps was widely anticipated and doesn't rock the boat, even if it fails to seriously combat inflation.