Will still put more pressure on banks, more banks will go under, more banks will “consolidate” with the big 4.
Just not as quickly as it would have been with a 1/2 point rise.
Government printing and spending caused this inflation. It’s never pretty having to fix government mistakes. And there is never government accountability.
FOMC stands for the Federal Open Market Committee and is a committee within the Federal Reserve System (the Fed) charged with overseeing the nation’s open market operations (e.g., buying and selling of United States Treasury securities).
BS
The moron is gaslighting
SHOCKING