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Is That a Trap the Fed Makes?
The Fed is caught in a trap when it promises to do something and ends up doing why. The fed does not like to er hurt its credibility, or hurt it further by saying it's going to do x and ending up doingwhy. They are raising rates now as we know the pragana now, and uprading them even more dramatically than they had planned because of the numbers that are coming out. But they didn't start raising them when i think they ought to have.