Fed Rate-Hikes To End This Year, Followed By 3% Of Rate-Cuts & QE
For much of 2022 and even before, we have been predicting that the Biden admin's crusade - with the help of the Fed - to push the US economy into a recession (ostensibly to punish Putin for unleashing global commodity and food inflation across the globe) will, of course, succeed and not long after a crushing recession sweeps across the l(e)nd, the Fed will scramble and to undo all the damage it has done by launching QE5.
"A World At War" : Global Recession Next, And Then QE5 https://t.co/S6y2epAD5T
— zerohedge (@zerohedge) March 4, 2022
But while another round of QE is inevitable, the Fed will first need to end its current hiking cycle which has unleashed so much drama and turmoil in the market, followed by a string of rapid rate cuts which may happen alongside more Fed balance sheet expansion. And yes, back in December we first said that the Fed rate cuts will begin some time in 2023...