The Fed's Trying to Affect Services Inflation

Steem: I think it's going to really gather, Steem, in the latter part of the year. In the first half of the year, they're going to be dealing with stickiness those second round effects from higher wages and higher prices that sometime ripple through into services. From my understanding, services is the hardest piece of inflation for the Fed to affect because, you know, with goods, certainly with something like car sales or home sales, they can easily raise rates  and limit the number of buyers who can afford to come in.