The cause of this round is not some sudden bubble burst. Fed raise rates because they want to signal that they are serious about taming the inflation. That caus

The cause of this round is not some sudden bubble burst. Fed raise rates because they want to signal that they are serious about taming the inflation. That caused sharp sentiment change in capital market. The cause of this round of inflation can be many things, we've been in low-interest environment for 10+ years with occasional QEs. It hasn't inflated the economy as much as we hoped for that 10+ years. It is lazy thinking to attribute back to QE for this round of inflation.