Markets have been spooked too much
Economists say the strong inflation data did fuel expectations of a 50-basis-point rate hike in December, but that probability has been significantly overstated. A more likely outcome is a steady 25-basis-point hike—not an oversized one.
Do you think the market is overreacting this time, or will the Fed really come down hard?
Economists say the strong inflation data did fuel expectations of a 50-basis-point rate hike in December, but that probability has been significantly overstated. A more likely outcome is a steady 25-basis-point hike—not an oversized one.
Do you think the market is overreacting this time, or will the Fed really come down hard?