$95B Per Month Of Tightening Will Be A Headwind For The Economy & Markets
b'"The stopping point for the Fed funds rate is more important than the speed of rate hikes. $95B per month of tightening in the second half of 2022 will be a significant headwind," says Jay Hatfield. He expects a modest economic growth of 1 - 3% despite the hawkish monetary policy. According to the Fed minutes, they support a $60B a month roll-off cap for treasuries. Tune in for the full discussion.'