Fed Funds now higher than inflation - the Fed's goal has now
been achieved - big milestone. If inflation stays level, or
declines, that means the end of rate hikes, and pause is set in
stone.
Posted by icecoldjones on 10th of May 2023 at 08:51 am
If that was the goal then they could have just raised the Fed
Funds to 10% last year and hit the goal. Please elaborate on that
goal as I'm a little confused.
I believe it was the fastest rate hike by FED in history,
certainly fastest in modern era. Your suggestion that they raise
even faster in a bigger way would have been too much of a shock to
the system, in FED's view, although Gundlach and others
wanted faster than they did - that is all supposition at this
point, anyway - now it's history.
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Fed Funds now higher than
CPI (YoY) (Apr) 4.9% vs 5% Est.Core CPI MoM For ...
Posted by te22 on 10th of May 2023 at 08:46 am
Fed Funds now higher than inflation - the Fed's goal has now been achieved - big milestone. If inflation stays level, or declines, that means the end of rate hikes, and pause is set in stone.
If that was the goal
Posted by icecoldjones on 10th of May 2023 at 08:51 am
If that was the goal then they could have just raised the Fed Funds to 10% last year and hit the goal. Please elaborate on that goal as I'm a little confused.
I believe it was the
Posted by te22 on 10th of May 2023 at 08:55 am
I believe it was the fastest rate hike by FED in history, certainly fastest in modern era. Your suggestion that they raise even faster in a bigger way would have been too much of a shock to the system, in FED's view, although Gundlach and others wanted faster than they did - that is all supposition at this point, anyway - now it's history.