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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "JPMorgan's Michele Calls for Eight Rate Hikes in 2022" video.
Jawboning cucks - literally how about just actually taper - literally end the asset purchasing and watch repo's spike again like in late 2019. Not one of the dipshits in financial media has been honest - getting the Fed to stop absorbing assets to suppress near term rates is the first step, then rates can go up. However when they complete taper - major funds will die along with many large firms who live off of cheap liquidity. If they were really serious Fed would stop purchasing by end of January and raise rates .5 by end of Feb, and execute .25 rate increases in Q2 or Q3 - then .1 increase in Q4. But truth - Fed does not want one rate hike, not one - and if they do the market will crash and they will go negative.
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