At this point it seems clear that inflation indicators are still flashing and continued rate increases at least until Q2 2023 are needed.
With that said, I'm not sure the FED's decision making is so purely focused on actually defeating inflation, even if it should be.
These are (selfish) human beings and if stopping rate hikes too early becomes good for them personally I think they would bend to pressure even if the consequence was runaway inflation. It worries me.
fiveeyes_threelegs t1_iu7gczz wrote
Reply to This current rally is WHOLLY dependent on a single man's speech next Wednesday by agilmore1080
At this point it seems clear that inflation indicators are still flashing and continued rate increases at least until Q2 2023 are needed.
With that said, I'm not sure the FED's decision making is so purely focused on actually defeating inflation, even if it should be.
These are (selfish) human beings and if stopping rate hikes too early becomes good for them personally I think they would bend to pressure even if the consequence was runaway inflation. It worries me.