Posted on 03/18/2022 7:46:01 AM PDT by Browns Ultra Fan
The Federal Reserve’s Christopher “Fats” Waller thinks that your rates are too low.
“The data is basically screaming at us to go 50 but the geopolitical events were telling you to go forward with caution. So those two factors combined pushed me” to support the 25 basis points increase, he said. “Going forward that will be an issue whether to think about going 50 in the next couple of meetings or not. But the data certainly seem to suggest that we move in that direction.”
WIRP is pricing in over 7 rate increases by February 2023 as the Treasury yield curve (10Y-2Y)
(Excerpt) Read more at confoundedinterest.net ...
Get ready for “THE THUD”; stagflation, housing crash, build back bullcrap, war, Vaxx Passports........
Nice eh?
The Fed is politicized. They won’t raise rates to where they should be knowing it will precipitate a recession no later than the 3rd quarter just in time for the midterms.
Yes, that is the traditional way. Luckily, inflation will slow and start moving down by sometime next year no matter what the FED does.
Yeah it is called a recession or worse. Could have stagflation for decades like the Japanese. In the meantime millions of invaders pour across the border taking jobs and depressing wages. Another three years of open borders.
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