Damn my steaks are still getting more expensive. Don't think the inflation battle is over just yet.
Can't call Powell an idiot this time since he maintained a hawkish stance, but I think the Feds are underestimating how high rates need to go since they can't reduce their balance sheet.
Can't call Powell an idiot this time since he maintained a hawkish stance, but I think the Feds are underestimating how high rates need to go since they can't reduce their balance sheet.