Jim Bianco
@biancoresearch
Macro investment research at
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The ETF WTBN tracks our Index.
biancoresearch.eth
Joined September 2010
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Remember, the Fed voted 12-0 today (See repost below).
So, when Trump wants to stop TALKING about cutting rates to less than 1% and start ACTING on it, the Fed set it up so Trump only has to threaten, pressure, or intimidate one person to make it happen.
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*FED UNANIMOUSLY RAISES BENCHMARK RATE 25 BPS TO 3.75%-4% RANGE
So all the discussion in the table below was a waste of time. Half the voters did not follow through on what they said in the last few weeks.
We are still at Warsh will decide, and everyone else can be ignored.
And Trump can now go HARD after Warsh to get the policy he wants.
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