thanks YS. all of these 25 basis point moves are a joke here in Canada. We need a bank governor with some balls, and didnt grow up in Goldman Sachs!
your Federal reserve... or non-federal with no reserves... is playing the waiting game and simply inching up a bit at a time in hopes that Dollar dominance remains in the world. Some day we may very well wake up to a reactionary move from the FED putting either a bond halt or a 5% rate hike in place. that will indicate the end of the reserve currency status is near and they're out of ammo.
you are "spot on"!! And thank you!!