The Fed Is Taking This Aggressive Stand, but Still Saying That Inflation Is Transitory

When you start to think about their current positioning, do they believe what they are saying? And i want to a give you a very specific example. They claim that they are taking this aggressive stand. Some may say that they are trying to a posture, kind of an appall vulcar ah, we're serious about taming inflation. Then, on their own projections, they believe in flations thor an be over five % at the end of the year. But let's not forget that this is a fed who, i think, deep down at its core, believes that inflation is still somewhat transitory,. At least, that there are transitory components to the inflation that we're observing

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