Unanymous expectation rate hike


I keep reading that the unanymous expectation is for the Fed to hike the interest rate up 0.25 tonight, while remaining rather hawkish long term. Why everyone agrees on this expectation? And why wouldn't the Fed just hike it up 0.5 to get it over with sooner? It's not like all indices unanymously state that recession is on the decline or whatever?

Just curious to hear you're thoughts about why everyone seems so sure that this is what the big Fed will be doing. It seems debatable that its the best or most logical approach, but admittedly theres a lot of basic stuff that I dont know…


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