Most Feds members want interest rates to slow down unless Papa Powell doesn’t agree 👴🏻 what’s y’all experts take?CeleryApple t1_ixktje6 wrote
Reply to comment by cbusoh66 in Most Feds members want interest rates to slow down unless Papa Powell doesn’t agree 👴🏻 what’s y’all experts take? by stockslord
Agree PCE numbers are key to what the feds will ultimately do. But I don't understand why everyone happy as if 0.5% increase is any better lol. We are still now where near the mythical 2% inflation rate. The EU inflation rate was still at 11.5% in October. The fed might have very little option but keep rates high to keep the USD up. If the USD goes down, it will just make imports more expansive again.
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