The Phaserl


No Updates Tonight – FOMC Decision Tomorrow

from Jesse’s Café Américain:

Busy day.

Waiting for doctors’ calls. They are conferring.

I won’t go into the details, but this has been going on since Thursday.

It’s one of those cross-disciplinary things not easily revealed by testing and exams.

Life with the seriously ill is never uneventful. God must feel the same way about His spiritually sick children— always getting into mischief and trouble despite the Divine physician’s best efforts

The FOMC will be announcing their June rate decision tomorrow. I think it is likely that they will raise rates 25 bp. Any announcements about their bloated balance sheet will be watched with interest.

Chris Whalen thinks that the increase tomorrow, if there is one, may we the ‘last one for years.’

Have a pleasant evening.

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