Powell Remains Hawkish, "Premature To Think About Pausing" | Weekly Round Up
Supply Shock
00:00
The Fed Isn't Getting Any of the Economic Indicators That They Would Need, Right?
The terminal rate is basically just the highest part of that curve, which it has us peaking here in May of 23 at over 5%. You know, so it just keeps hiking and hiking and hiking. A normal functioning economic environment requires positive interest rates. It requires incentives for people to save and lend and borrow. And what we had was a 10 plus year period, 12 year period of nonsense, right? Of emergency stimulus that should have ended years ago, right?
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