Harvinder Kalirai Basis Quotations

If you look back to 1994 when the Fed was hiking rates continuously, after every rate hike the Fed adopted a neutral bias. However, the tightening cycle continued until early '95, for a total of 300 basis points (3 percent). We are not looking for that type of tightening cycle this time, but nevertheless it does suggest that the neutral bias does not preclude further rate hikes down the road.

We don't think it'll be enough to halt a move at this month's FOMC meeting, ... We still look for the Fed go 25 basis points.

We don't think it'll be enough to halt a move at this month's FOMC meeting. We still look for the Fed go 25 basis points.