What does queuing theory say about the rate hike?

The Fed did not raise rates, it grabbed a bigger chunk pf he x axis on the curve.  It did that because regulatory expense has bifurcated the large, short end cash piles.  So, Janet, in a brilliant move, just took over a bigger chunk of the curve, and the regulator costs can be sorted internal to the beltway.  I mean, the central bank was effectively taxing the bond market anyway, and it had the tools. So it just performed an accounting trick and got a munch of  non market price drivers off the curve, an easing.  All that stuff at the short end, most of it anyway, is all driven by federal finance regulation and ownership; it is internal to the Swamp, not innovative inside information.

The central banking network is shrinking under regulatory costs, compared to the bots.  The Fed has to accommodate.   So when the Fed takes of the Swamp loop, arbitrates the regulatory costs,it is essentially creating an implicit coin, regulatory coin.  An easing here, makes that regulatory mesh look like a stable node on the tree generating the typical sequence.  

The Fed needs a banking network that automatically duplicates this trick, finding and closing loops. At this point in the technology sphere, it is time for the Fed to make fair NGDP bets. And then Fed can make that happen by adopting a uniform virtual credit card, useable for betting the target along with the Fed.  Thus, we get, automatically, much faster and cheaper price discovery everywhere, automating the Fed's little tricks..