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Inflation Forces The Fed's Hand | Joseph Wang & George Goncalves

Forward Guidance

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The Fed Funds Rate for December 2022 Is About 2.2.3%

The Fed funds rate for December 2022 is about what 12 hikes from. here about 2.2%. By December 2023, it's 12 more hikes from here about 3.2%. When that happens, that's when I feel like you're going to get the more meaningful tightening and monetary conditions. If it can, then potentially they can go higher than 2%. But I'm still skeptical.

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