Sung Won Sohn Quotes
Two weeks ago traders thought there was no chance. If you had asked me Thursday, I would have said less than a 50 percent chance (of a December hike), at best I would have said a 50-50 chance. Now it looks pretty likely.
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Weeks | Traders | Thought | Chance | Asked |
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Inflation is not an issue right now. However, it could be in the future. The Fed will begin to worry about inflation because monetary policy affects the inflation rate with a lag of as much as 18 months to two years, so they need to worry about it now.
- Sung Won Sohn
