Is the Fed Going to Continue Hitting Rates?

The fed has a lot of air cover to continue pursuing its inflation mandate. The stock market, obviously, is something that a lot of people look at, but it's really something that benefits th very wealthy more than than the average person. So there's some extent, i think, that wit the fed would allow for what would be perceived as a short term drop in the stock market for the greater good and the ability to react more later.