4 ms·

I'm not entirely convinced that the Fed will finish its rate hiking program. You have multiple members of the Fed jawboning about lowering the size of the hikes

by jdhn 4y ago

I'm not entirely convinced that the Fed will finish its rate hiking program. You have multiple members of the Fed jawboning about lowering the size of the hikes (Brainard comes to mind), and there's no way in hell politicians will let another 2008 real estate crisis happen again.

more_corn 4y ago
Interest rates will keep going up till inflation comes back down. The inflation rate seems to be on the way back down. The slowing of demand and the unkinking of the supply chain seem to be having a positive effect.
- gausswho 4y ago
  The market going giddy over the slight slowdown of inflation is suspect, due to a change in how medical costs are measured. Without that change inflation would officially still be rising. https://wolfstreet.com/2022/11/10/services-inflation-spiked-to-second-highest-in-4-decades-would-have-hit-new-high-if-not-slowed-by-biggest-ever-adjustment-of-health-insurance-cpi/ https://wolfstreet.com/2022/11/10/services-inflation-spiked-...