Earlier yesterday #Citi revised to more hawkish its #Fed policy call. That was followed by @GoldmanSachs (below).
This is more than "academic."
It widens the gap with where the #Fed is and increases the risk that it will end up chasing the #markets and not catching up soon enough pic.twitter.com/z8hV5HpK8U

— Mohamed A. El-Erian (@elerianm) February 11, 2022

One of the worst side-effects of the Fed's 20-year experiment in obscenely low rates is people have completely lost their bearings. Now, people are shocked that the Fed might raise rates 0.5% in March when rates are at zero!https://t.co/Sv5ACRD0bS

— Peter Schmidt (The 92ers) (@The92ers) February 11, 2022