Fed Prepares to Halt - maybe hike later after data (Patreon)

I believe the Federal Reserve has realized that they have gone too far in raising interest rates. Data from China, Germany, and other countries is showing that the global economy is slowing down. Commercial real estate is also on the verge of collapse, and some banks are starting to fail.

SUMMARY

• Federal Reserve officials are signaling that they are increasingly likely to hold interest rates steady at their June meeting.
• This strategy would give officials more time to study the economic effects of the Fed's 10 consecutive prior rate rises, as well as recent banking stress.
• Some central bank officials have recently signaled support for continuing to raise rates, while others have said they would be open to either an increase or a skip.
• Investors had expected a June rate increase, but the comments from Jefferson and Harker have lowered those expectations.
• The Fed will release new projections at their June meeting, and it is possible that more officials could see a July increase as appropriate.