Submitted by Broiler100 t3_11e5lav in wallstreetbets
Dozekar t1_jad2hzy wrote
Reply to comment by RationalOpinions in Fed might raise policy rates to 6% - BofA by Broiler100
They don't have the balls to raise rates above the projected inflation rate.
They're still printing money just slower.
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edit: For the non-doomers think about that. Your savior the fed with his soft landing won't even raise rates to match inflation. The economy is so fucked that they can't turn the inflation pump off or you all crash.
GLHF.
Dorktastical t1_jad6nh2 wrote
Maybe if you tickle his pp the landing will get hard
Suspicious_Army_904 t1_jaen0yp wrote
Hahahahah
Kurupt-FM-1089 t1_jaeq71s wrote
😂😂
I_Am_Graydon t1_jadmsyx wrote
What do you mean by "They're still printing money just slower"? I don't think you know what that means. They've been rolling off the balance sheet since early 2022, so they are certainly not printing money.
Brickolas_Cage t1_jaet59h wrote
Why do twats on this sub think there’s some doomsday inflection point at cpi / fed funds rate convergence
PrettyDislikeMachine t1_jaesg6j wrote
How do you magically project the inflation rate? Because the last seven months annualized is 3.3%... that quite a bit lower than the current 4.75 overnight rate.
DarkElation t1_jaetb9z wrote
It’s hilarious to me because when people started using this metric it was showing like 0.8%. Now it’s at this and I think those people are slowly starting to realize this isn’t the best metric.
PrettyDislikeMachine t1_jaetl1i wrote
When did they use seven months of monthly data and got 0.8%?
[deleted] t1_jaf2ppr wrote
[removed]
FLYWHEEL_PRIME t1_jaedisy wrote
Too many non producers on the planet, the white thing is destined for failure at long as anything close to welfare or general assistance exists
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