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    FOMC Minutes Show Fed To Rush Rate-Hikes, Leaves QT Details Up In The Air

    By CDM Staff
    February 16, 2022
    2 Comments
    Federal Open Market Committee (FOMC) participants gather at the Marriner S. Eccles Building in Washington, D.C., for a two-day meeting held on April 26-27, 2016

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    Since the Jan 26th FOMC meeting, bonds have been a bloodbath while stocks and gold are higher and the dollar flat...

    We have also seen a dramatic rise in rate-hike odds in the period since the last FOMC meeting (helped in some part by Jim Bullard's uber hawkish perspective), with a 60% chance of a 50bps hike in March priced-in...

    And as the liftoff and trajectory of rate-hikes soared, the yield curve has collapsed signaling growing market fears that The Fed is on a path to a policy error...

    To read more visit Zero Hedge.

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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    Rick

    The Fed to be dismantled.

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    Ernest+Moosa

    Looks like an important meeting. Too bad they are all clueless imbeciles.

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