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I'd be willing to bet it is going to 9-10% over the next few months due to the gas/energy and supply chain shortages brought about by the Russia/Ukraine conflic
by Ancalagon 5y ago
I'd be willing to bet it is going to 9-10% over the next few months due to the gas/energy and supply chain shortages brought about by the Russia/Ukraine conflict, not to mention the spiraling housing demand (at least here in the US).
- slaw 5y agoWith no action from FED, high inflation is going to stay for years.
- dragonwriter 5y ago> With no action from FED, The Fed is not an acronym, and ending QE as it is doing now and hiking target rates as it has signalled it will do at least at this months meeting is not “no action”.
- slaw 5y agoSo far just announcement of an action and half point rate hike with 7.9% inflation I would call announcement of micro-action.