I’d actually like to see them raise 1% and then say that they are going to pause to see the impacts of what they’ve done. I think everything would rally if that were to happen.
Listened to a guest on bubblevision who stated what I thought was the obvious; she said if the Fed Funds rate got to 4%, the interest payment on the debt would be larger than the defense budget. She followed with “that ain’t happening”. I’ve considered the same outcome…