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Financial Conditions - Is There Attention?
Financial conditions have remained relatively loose, even as the fed hikes at the fastest pace in decades. Is there attention between the market thinking that the fed is going to succeed in bringing inflation down and then not actually taking into account the impact of some of these rate hikes? When you see the stock market rallying, from the bottom in june to what we saw, at least until two weeks ago,. Is that interpreted as working at cross purposes for your goals? You know, i think so. I'm just surprised that markets would think that we're going to achieve that goal as quickly as they seem to. Until and unless we in markets collectively believe the inflation, inflation in dynamics are different, are