Karl Denninger: “No Sir, There Are No Rate Cuts — The market’s reaction to the Fed Rate decision is utterly insane. There’s no evidence for this in the Fed Statement or data.
View post on imgur.com by Karl Denninger 2024-03-21 07:00 No Sir, There Are No Rate Cuts The market’s reaction to the Fed Rate decision is utterly insane. Obviously the market thinks rate cuts are imminent. There’s no evidence for this in the Fed Statement or data. Specifically, the Fed strengthened its language on the job …