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Trade Wars: Implications For The Fed
On Wednesday, global markets calmed down a bit after a couple of tumultuous days spent pondering the
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H — any thoughts on the notion that the Fed can add or take away dots for future rate increases without changing its intended terminal rate? In other words, we’re up to 4 hikes for the year according to the dot plot, but what if the additional hike is merely being floated for now, with every intention of taking it back in coming months? In other words, Fed can lean hawkish or dovish merely by shifting the dots around, without actually doing anything on rates.