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Tuesday, March 21, 2023

What will the FED do for this month FOMC meeting?

 The Fedwatch tool is indicating a 25bp hike this month with over 70% probability.

Does this make sense?  Yes, this is because the recession risk is rising!  There is a high chance that the US will be in an economic trouble within 12 months as indicated by 80% of the economists.

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