I get that inflation is bad but it’s like first time in so many years and super exceptional. I wonder what they would do if they had inflation over 10% annually like so many others countries around the world
If you look at Fed action(s) without the comments & central banker talk - you would be hard pressed to come to the conclusion that that's what it takes to fight inflation.
Your right about the exceptional part. I guess the "sticky" part of inflation will carry an elongated impact for a while yet.
They really are pushing it
I get that inflation is bad but it’s like first time in so many years and super exceptional. I wonder what they would do if they had inflation over 10% annually like so many others countries around the world
If you look at Fed action(s) without the comments & central banker talk - you would be hard pressed to come to the conclusion that that's what it takes to fight inflation.
Your right about the exceptional part. I guess the "sticky" part of inflation will carry an elongated impact for a while yet.
Dollar devaluation by design!