Post #1083050: Fed hiked .75% and indicated they will be more…
Fed hiked .75% and indicated they will be more cautious going forward. Fed funds still show 95% probability of at least .5% rate hike in December.   The Fed needs to realize this is not an interest rate problem. Job gains are still robust BECAUSE real wages are negative.

Fed hiked .75% and indicated they will be more cautious going forward. Fed funds still show 95% probability of at least .5% rate hike in December. The Fed needs to realize this is not an interest rate problem. Job gains are still robust BECAUSE real wages are negative.

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