Comments by "DiewConklan" (@hRt42kuo7jTtmk14) on "Minerd Calls Fed's Economic Forecast 'Overly Optimistic'" video.

  1. There will be 3 more 0.25% hikes at the first 3 FOMC meetings of 2023 and then they will hold rates at 5% through the end of 2023.
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  2. The Dot Plot places rates at 5% as of today. He said that they raised the dot plot terminal rate multiple times in 2022 and that they might need to raise it again in 2023. So it seems like 5% is the minimum and that perhaps rates could go even higher. Nobody can fully predict what they will do, but every 2-3 meetings they increase the target rate. Right now the target is at 5%. Maybe it eventually goes to 5.75%
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