3 ms·
EOY there might be a bounce-back, which may be starting already. But it is somewhat unlikely that the rate hikes the fed are planning will really get inflation
by lamontcg 4y ago
EOY there might be a bounce-back, which may be starting already. But it is somewhat unlikely that the rate hikes the fed are planning will really get inflation in check. We're seeing sticky wage inflation due to fewer people in the workforce and the fed is going to have to invert the yield curve to get that under control. They are going to have to hit the brakes in a way that hasn't been seen since Volker and will cause significant amounts of pain.
By the end of 2023 things should have gotten very exciting.