06-16-2021, 03:09 PM
(06-16-2021, 01:19 PM)divmenow Wrote: Powell is an A hole lol What a premature for Powell to say about a possible couple rate hikes 2023 ??
What else can he say?
Inflation is kicking up and interest rate hikes are the most effective way to keep it under control. But you can't raise rates now since that would be destructive to a market riding ridiculous leverage at all-time highs.
So you say "yeah we will see end of 2023" and then keep pushing it forward when necessary.