The tone of urgency pretty much cements a 50BPS hike in may and beyond to get to neutral by year-end, says Kevin Heal. He discusses the takeaways from the March 2022 FOMC minutes. He highlights that the Fed’s goal is to have the balance sheet solely comprised of U.S. treasuries. He also goes over mortgage companies and regional banks to watch, including RKT, UWMC, NRZ, CFG, and RF. Tune in to find out more.
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