Its a long time until March 16 (the FOMC rate hike meeting)

Adam posted on this earlier:

• there are now all kinds of rumours about an unscheduled Fed meeting and rate hike as soon as this weekend

My initial response is "preposterous!!!" Not gonna happen.

But can we dismiss a hike ahead of the FOMC? Maybe not this weekend, but they are going to hike, that's a given (the question is 25 or 50) and with inflation on fire, why wait?

Its a long time until March 16 ....