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Rates don't have to rise any more to cause a recession. Holding rates at this level should be more than enough. And Powell has indicates that they're going to
by lamontcg 4y ago
Rates don't have to rise any more to cause a recession. Holding rates at this level should be more than enough. And Powell has indicates that they're going to go higher than expected and likely hold it there longer than the street expects.
You should really listen to him rather than your own ideas about what the CPI is going to do.
- VirusNewbie 4y agoWhy? My track record is way better, I predicted inflation.
- thunky 4y agoWell the CPI is only up 0.5% in total over the last three months.