2 ms·
It has been high for a year already and everything points to it worsening (the 8% doesn't include Ukraine, which will push both energy and food prices up). It i
by cm2187 5y ago
It has been high for a year already and everything points to it worsening (the 8% doesn't include Ukraine, which will push both energy and food prices up). It is because it is not temporary anymore than the Fed is forced to act now.
- afterburner 5y agoIf you're right, the Fed can always raise it more later. No need to overcorrect. Some moderate inflation is far from the worst thing that can happen.