Everybody please try to talk some sense into the federalreserve fomc
GENTLY DOES IT
How did he say that with a straight face? You can’t have a “ strong economy” and at the same time not raise rates above 2.5%. This is a deficit fueled expansion that was financed with cheap money.
Well if you dont raise in a consistent way then you end up catching up causing more stress! Like not raising in 2017 caused the catchup and markets fell like a tree! Next time it will cause major recession
Strong? Economy is bed ridden, inhaling oxygen, and can't normalize? How is that strong? Rip the bandaid off and get on with it.
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