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DiewConklan
Bloomberg Television
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Comments by "DiewConklan" (@hRt42kuo7jTtmk14) on "What to Watch for in Powell’s Jackson Hole Message" video.
Two things. Shock effect doesn’t seem to be what they want to give the market. Also, if they go .5% in Sep and Nov and then .25% in Dec then they are at 3.5% by year end, which more or less aligns with their June dot plot. Then they could do 2 more quarter point hikes in Q1 2023 and be at 4% by end of March 2023.
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@wolfiestreet6899 because they care about economic sentiment.
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