4 ms·
Hike rates. But the stock market will take a big hit, so it won't be done. Rates will sit at 0% and inflation will continue unchecked, or they will try hiking r
by tarboreus 5y ago
Hike rates. But the stock market will take a big hit, so it won't be done. Rates will sit at 0% and inflation will continue unchecked, or they will try hiking rates a little, the stock market will freak, and they'll give up.
What needs to happen is a rate hike and eat the consequences. But our factota don't have the fortitude for that.
- boppo1 5y agoI feel like the stock market will freak out at any significant rate hike and we'll have a depression on our hands.