RE: The Central Bank Shifts Direction, Moves And Countermoves - Episode 1713a

[dankh]

Hi Dave,
The Fed is raising rates to buy themselves time. As rates go up, so does the dollar. If the Feds can bring the 10-yr treasury to it's reference rate (3.5% - 4%) and reduce their balance sheet, they will be able to drop rates once again and perform QE to appear as a hero to the sheeple. They want to outlast a potential 2-term POTUS.