I tend to agree, though I wonder how much of a "surprise" it is now, versus how much of the expectation has been (or currently being) baked in. When you look a

I tend to agree, though I wonder how much of a "surprise" it is now, versus how much of the expectation has been (or currently being) baked in. When you look at a number of interviews with bankers / investors and the like recently, the general message is "inflation is here, and the Fed will have to raise rates soon - it's not a question of 'if' anymore but 'when.' "