People talk about the Fed moving fast and huge. Volker hike…
People talk about the Fed moving fast and huge. Volker hiked 14 points in real terms. Powell has only hiked 5. I think he can get to 11 points if Fed funds is 5% and CPI is 2%, -8 to +3.
People talk about the Fed moving fast and huge. Volker hiked 14 points in real terms. Powell has only hiked 5. I think he can get to 11 points if Fed funds is 5% and CPI is 2%, -8 to +3.