Inflation is out of sync with the Fed Funds Rate. The Fed will have to hike the Fed Funds Rate soon to stop inflation or at least stop asset purchases.
The "Transitory inflation" narrative from the Fed is not going to materialize, meaning that inflation will drop without the Fed hiking the Fed Funds Rate or stopping asset purchases.
The free "BRRRRRRRR" money period is over.
The "Transitory inflation" narrative from the Fed is not going to materialize, meaning that inflation will drop without the Fed hiking the Fed Funds Rate or stopping asset purchases.
The free "BRRRRRRRR" money period is over.
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