Will Omicron Kill The Fed’s Tightening? (Covid Drums Along The Potomac)

Sharing is Caring!

by confoundedinterest17

With the US Senate now trying to jam in vaccine passports in their Federalization of voting bill, it is clear that Washington DC is letting the Omicron variant terrify US citizens. But will the fear of the Omicron variant halt The Fed in its tracks?

See also  NBC’s Pettypiece Blasts Biden COVID Response: “Conflicting Messaging” Hurts Biden’s “Credibility”

Where do we currently stand? For the March meeting, it looks pretty likely that The Fed will raise its target rate.

And it seems likely that there will be 2 rate hikes by the June meeting.

See also  New Omicron Sub-Variant, BA.2, Detected in UK & Israel - Highly Transmissible & More Deadly

Will The Fed ignore the “COVID drums along The Potomac” and raise rates (and shrink their whopping balance sheet)?

 

 

482 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.