[blackdog]

And fed borrowing was shifted to short term notes to make it cheaper. This is a double tap to the head.

[rfp1234]

[Flick Lives]

...Most significantly, inflation is described as having already exceeded 2 per cent ‘for some time’, so it looks like the Fed feels enough progress has now been made in compensating for earlier shortfalls in inflation.”

Yah think!? Indeed, the Fed has done an outstanding job of making sure to have at least 2% inflation. (And since when has there been a shortfall in inflation??)

[ProudDeplorable]

It’s about time. The fed was practically paying people to take out loans for the longest time. The insanity needed to stop.

[sergeantdave]

Will this mean a cut in the i-bond interest rates? Asking for my cat.

[jdsteel]

It’s funny that the market rallied on this news.

Perhaps a sober assessment in the morning might make a change.

[Forgiven_Sinner]

Can a recession be far behind?

[Georgia Girl 2]

They’ll try to raise rates. It will backfire big-time and then very shortly you will see them lower again.

[BRK]

Was still a can kick..everything is always “later” for 10 years now.