JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed – Economics Bitcoin News

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JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Economy Economics Inflation

that the Fed would raise the benchmark rate by 50 bps. However, JPMorgan economist Michael Feroli thinks a 75 bps increase is coming and 100 bps is also possible.clients in a note on Monday that a “startling rise in longer-term inflation expectations” may push the Fed to increase the rate by 75 basis points on Wednesday. “One might wonder whether the true surprise would actually be hiking 100bp, something we think is a non-trivial risk,” Feroli added.

Goldman Sachs Economists Predict a 75 bps Hike — JPMorgan Strategist Marko Kolanovic Thinks a Dovish Surprise Could Happena 75 bps hike will likely be announced at the FOMC meeting. “Our Fed forecast is being revised to include 75 bps hikes in June and July,” Goldman economists explained on Monday.We anticipate two more rate increases in 2023 to 3.75-4%, followed by one cut in 2024 to 3.5-3.75%.

“Friday’s strong CPI print that led to a surge in yields, along with the sell-off in crypto over the weekend, are weighing on investor sentiment and driving the market lower,” Kolanovic’s note to clients on Monday. “However, we believe rates market repricing went too far and the Fed will surprise dovishly relative to what is now priced into the curve,” the JPMorgan strategist added.

 

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Yeah, nowadays even usual stuff costs a lot of usdt

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So they'll rise rates until they stop, then they'll reverse and start lowering rates and resume money printing. Everyone knows this, we all know this, yet pretend we don't, and will watch in amazement when the Fed will do just that! Funny how humans operate....

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To tame inflation needs 7500 basis points not 75. Good luck with that bitcoin. Just wait for the politically driven Fed shenigans to be over just before midterms!

This man will destroy the US economy US stocks are destroyed and close to bankruptcy Unemployment will rise soon with the bankruptcy of large US stocks, raising interest rates is futile

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