As for the Fed.
The Wall St Keynesian experts miss it again. Rate hikes, give me a break. Read the room.
They are still using the 2 yr UST as their guide. So wrong.
My call. The Fed Fund Rate should be at the neutral rate, right now.
As for the dissenters. None have a PH.D in economics and are not subject matter experts in Macroeconomics or monetary policy. Yet they still vote. Think about that for one minute.
Have a nice day.