Yes, but not enough. They should have long ago. It will be very painful when they really raise rates when it is too late. The real problem is not being addressed and I am unsure interest rate changes will help much. There is a structural spending problem that is much worse than any other time in our history. This is not the same problem we had in the 70’s and early 80’s.
I wants them 6-8% shopping CD rates to come back in full glory......
I’ve been watching Steven Van Metre videos on Youtube.
He’s been making an interesting case that since the money for the stimulus was borrowed both domestically and from overseas dollar reserves, that it wasn’t really money printing. And that now that fiscal stimulus has ended, that things will go back to normal, and the inflation will reverse.
Kathie Wood also has been saying we will see deflation instead of inflation.
Then Rene the democrats are in charge.
Proceed from there.
The FED tends to follow the market on interest rates, and the market has priced in 3 small hikes this year.
It’s possible the FED will pay lip service to the market until data turns around and the market no long prices in the change.
It’s also possible they make one increase and then lower expectations.
We have bad inflation. What way do you combst inflation other than to raise rates.
We’ve kept rates so low over 15 years, did we think inflation wasn’t going to bite us?
I wouldn’t buy one of their bonds if they offered it at +100%.
Never going to happen before the midterm...
Count on it. Inflation is double digit rates. Be ready for Carter II.
Yes. But a maximum of 0.75% this year, and likely a maximum of 1.0 - 1.25% in 2023.
And they will pause for all of 2024 if they can, to allow demokkkrats time to absorb and move past the rate hikes of 2022 and 2023.
Absolutely. The question is how much and how fast. And will it be only 3 or will it be 4 times this year.
Housing cares about long bond rates. Sometimes when the FED pops up short term rates, long rates stay the same or go lower, due to an expection that the rate hike(s) will lower economic activity and inflation.
Possibly trigger a housing/stock market/automobile sales correction? lololol. That was too funny. They’re trapped. They can not print enough fake ballots to steal the midterm elections as it is, and THEN they raise interest rates? We are probably going to experience a type of hyperinflation Americans have not seen before or haven’t seen since the Confederate currency had issues.
Where George does the opposite of really what should be done..and it works for him.
Loved that show!!
Who is pulling Joe's strings?
Most definitely
Yes. Too many rich people don’t like the instability and unpredictability of inflation, for them not to.
What is 3% OF 30 Trillion? That’ll be the increase for the payment on the interest for the federal debt.
If they raise it to 3% over the next year that is.
Hi.
On one hand you have a possibility of hyper inflation. On the other you have a possibility of recession and deflation.
My guess, the Fed starts “culling” its balance sheet.
An increase of 25 basis points March 2022.
5.56mm