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Re: dexprs post# 104028

Friday, 12/02/2022 1:51:57 PM

Friday, December 02, 2022 1:51:57 PM

Post# of 110440

Forget that 50bp hike this month. The market started pricing in a 75bp hike the moment the news hit. This pricing in shall continue next week until the other side will start voicing maybe it will be 50 only. On a sane note, the rates are heading for 5%, even though one month does not make a trend, but Chairman P. will take no chances.

Powell has communicated multiple times there will be a slowing in the pace of rate hikes in December = 50 bps. Discussion of any other bp hike is beyond a waste of time.

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