What the Fed Will Do, Not What They Should Do?

Core inflation came in hotter than expected, and shelters are one of the most stickiest parts of the report when it comes to inflation. The fed will go 75 basis points next week but i do think that in the press conference and perhaps in the statement, they will acknowledge the fact that inflation has cooled somewhat. But if you think about it, how does higher interest rats help deal with a shelter inflation problem? I mean, if it stops people from building houses, how r ou gong to bring down rents? So it'so the very the one thing that that the they're most worried aboutIt is the thing that they can fix the least by pushing up interest rats.