Asset prices have been skyrocking for decades. Interest rates remained low. Wages finally start to creep up after decades of lagging behind productivity, panic

Asset prices have been skyrocking for decades. Interest rates remained low. Wages finally start to creep up after decades of lagging behind productivity, panic, need to raise rates aggressively. When home prices double in a decade there was no concern, when a burger king employee asks for a 10% raise its a crisis.