Listen fam...

The Fed knows they have no influence over energy-specific inflation, especially in an environment where non-energy COI inflation is making 5.5-year lows.

A hike today is for the sole purpose of credibility.

And that doesn't make it right.

A hike today won't curb geopolitical tensions.

Therefore it won't curb headline re-inflation.

It's basic math.

The market is testing Warsh's commitment and seeing if it can control the Fed (hint: it can, if the Fed lets it).

By hiking today, the market reestablishes influence over the Fed... the exact thing Warsh wanted to prevent.

If I was him, I'd give the market a middle finger and cut.

How's that for forward guidance?

Good luck.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。