US FED has indicated that it will only do an interest rate hike of a quarter point in March 2022.

 
Look like the die is cast in stone for now.  Should we cheer for that?

Although the US FED has indicated that it will only do a quarter-point hike in March 2022, the FED may indicate its asset sales much earlier to rein in its excessive liquidity and high inflation.  Furthermore, a bigger rate hike later (in the 2nd half of 2022) will cause President Biden to lose his mid-term election in November 2022.

Does this quarter-point hike call for a celebration?  Not really!