Fed Rate Policy Debate — Hikes Priced Out Short-Term but Still Expected Later
Multiple voices are calling on the Fed to raise rates now, citing the 2-year Treasury at ~4.75% and stalled inflation progress, but the Fed held again this week. SOFR markets still price two more hikes in coming months.
What we know
An account on X notes growth scares have replaced rate scares, with near-zero chance of a hike this week — but SOFR still prices two more hikes later. Another account on X quotes DoubleLine's Gundlach: 'The Fed should be raising interest rates — 2-year at 4.75%, ready, aim, aim, aim, and the trigger doesn't get pulled.' another account on X clips Fed Governor Kevin Warsh sidestepping the same question in what critics called a non-answer.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.