[entropy12]

If FED does not raise interest rates to neutral level (about 4.5% based on real inflation and historical experience),
the inflation will last a long time.

When one is sick, it is best to take the bitter medicine for a quicker recovery. Kids don’t think that way. Smart adults do.

[Sam Gamgee]

Western economies are truly stuck at this moment. Mortgage holders can’t afford higher rates, but as consumers they can’t afford to eat either with inflation as it is. I guess we finally are at a place to see that central banking isn’t some magical solution we all thought it was.

[DoodleDawg]

If FED does not raise interest rates to neutral level (about 4.5% based on real inflation and historical experience), the inflation will last a long time.

The FOMC meets again on the 26th. I expect at least a 50 point raise, and would not be surprised if it was a full 1%.