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8: You can’t fight the Fed

Onward, a Fundrise Production

CHAPTER

The Fed's Decisions on Inflation

Inflation doesn't come down more naturally than it has another conclusion, which requires escalation from the Fed. And so inflation is what will be the driver of the Fed's decisions. I think if you and I were to have given a forecast for where the federal funds rate would be now back in February, I don't think either of us would have said that it would have been north of 3%. But here we are. It shows both that the Fed is willing to act now and that things can change quickly relative to what we thought.

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