Back in late February, I told you there was a new hawkish tone coming from the Fed that I believed meant an acceleration of the Fed's rate hike timetable. When Lael Branard got onboard, I knew a regime shift was at hand.
This has proved to be the right assessment as far as 2018 goes, with the Fed now signalling four rate hikes, up from three at the beginning of the year, and well above the less than two hikes implied by the market.
Behind the curve
But now we are almost near the end of 2018 and...
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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.