Thoughts From The Divide – Jumping the Gun, Late to the Party

“Premature to think about or talk about pausing our rate hikes” While this week’s 75 bps hike from the FOMC was in line with market expectations, those looking for a pivot may have (potentially to their detriment) jumped the gun. Not only did Powell warn that it was “premature to discuss pausing” (avoiding “thinking about […]