How Much Federal Reserve Tightening Can the Economy Withstand Before Reaching a Tipping Point?
Former JPMorgan Chase, Global Chief Economist, Ph.D in Economics
Investors are gravitating to the view that the Federal Reserve may raise rates by as much 175 basis points in 2022. There are seven remaining Federal Open Market Committee Meetings (FOMC) in 2022 implying a 25-basis point hike at every meeting! Yet some economy watchers worry that the Fed will front-load the process with an aggressive 50-basis point i…
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