>3% is still super low historically. Let's wait and see how the economy actually reacts to the rising rates. It just dropped 1.4% because of a 0.25% increase.

>3% is still super low historically. Let's wait and see how the economy actually reacts to the rising rates. It just dropped 1.4% because of a 0.25% increase. Yikes. >Judging by the reverse repo rate, people are sitting on $2T with nothing to do with it. They are hedging their bets, not doing nothing with it. >but inflation looks like it will remain high for some time. About 1.5-2 years is my guess.