I think this is just a blimp, O. The Fed has all but stopped rate hikes for the foreseeable future with only one planned (maybe), it has said it will stop the decline in the balance sheet later in the year and does not see a further need for restrictive policy to guard against inflation.
So, hey, the good times will keep on keeping on??
Ann: Jeremy Sinclair appointed MD as part of Board changes, page-36
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