We have had the night to digest the Fed rate hike and the accompanying changes in the summary of economic projections. As I wrote yesterday, the move to a fourth hike was balanced on a knife's edge. In the last go round, it was 8 to 7 in favour of 3. This time it is 8 to 7 in favour of 4 hikes.
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.