2 ordspråk av Dan Ward

Dan Ward

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With the whole aura that surrounds Greenspan, he became almost a cult-like figure. Does this change the way we view the Fed? Not really, it's an institution. There's no difference in philosophies between the two.

Every new Fed chair always raises interest rates at the first meeting. It's an ego thing. Beyond that, it's very hard to tell. Financial markets that trade on the rate changes are pricing in a 30 to 40 percent chance of a further increase.

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