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PrettyDislikeMachine t1_jaesg6j wrote

Reply to comment by Dozekar in Fed might raise policy rates to 6% - BofA by Broiler100

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.

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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.

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