Quote:
Originally Posted by TwistedChief
The Fed wants the economy to weaken, dude. That's the only way they're going to slow the labor market and temper inflation. Don't kid yourself otherwise.
There's a reason why rates are now unchanged from pre-Fed yesterday.
|
We need to see housing prices and gas prices begin to decline. If they do not, the .5% increase failed and that's just going to drag this shit show out longer.
The Fed is behind the curve and probably should have done the .75% increase as much as it might have been painful.