Is the Fed Really Going to Hit the Economy Over the Head With a Brick?

Four interest rate hikes won't be enough to bring down inflation, says Edmund bellard. Bellard: As that inflationy mind set gets imbedded in prices and in wages, then fed has to respond with kind of hitting the economy over the head with a brick. Even quita bit of tightening could still leave rates negative, which wouldn't be that bad for equity market," he adds.