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Energy Transfer: Tollbooth To A 10% Dividend Yield Regardless Of ... - Seeking Alpha

politics

The debate is over about how the Fed would lean, and on Wednesday, the Fed raised rates by an additional 25 bps. Jerome Powell and the rest of the policymakers seemed unphased by the banking scenario, and they're committed to reducing inflation at all costs. The Fed was outright hawkish, and Mr. Powell stated that regardless of tighter credit conditions, rate cuts will not be in the Feds base case for 2023. We are now at the highest Fed Funds Rate since October of 2007, and the Fed Dot Plot sees rates peaking at 5.1% in 2023 and possibly coming down to 4.3% in 2024.

seekingalpha.com     Mar 24, 2023