Coin Bureau: Fed policy rate will rise

The window it was checked over

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

before the June deadline given by the treasury the U.S government could risk default this would cause the markets to crash and result in a downgrade of U.S government debt more about that in the description regardless it's likely that banks will continue to experience unrealized losses as long as the FED is selling assets off its balance sheet and these unrealized losses will again be increased by the treasury once it's able to issue more U.S government debt this is likely putting pressure on the FED to hit the brakes however it's unlikely that the FED will stop raising interest rates lower interest rates or cease selling assets from its balance sheet anytime soon this is simply because inflation is still too high doing any of those three now would result in long-term inflation expectations going up risking hyperinflation at the same time unemployment is still low meaning the FED still has room to raise interest rates before its Mandate of keeping inflation at two percent comes into conflict with its Mandate of keeping unemployment at around four percent if inflation figures for February come in hot they will stick to their guns if you're subscribed to My Weekly Newsletter you'll know

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