Loading ...It means that the Fed has had time to figure out that the effect of the small “rate hike” would essentially be zero. In other words, the small increase in the target rate from a range of 0 to 0.25% to 0.25 to 0.50% is insufficient to set off problems in the interest-rate derivatives market or to send stock and bond prices into decline.
http://sgtreport.com/2015/12/what-does-the-fed-rate-hike-mean-paul-craig-roberts/#more-425000
Yet Jim Willie claimed that because of leverage, a .25% increase in rate hike, would set off a derivative explosion. I’m waiting to hear his reply from the “voice”.