What Do You Think Now That the Fed Has 75 Basis Points?

We got a pretty strong hint that they're going to go for 75 basis points. And you know, in retrospect, it makes a lot of sense, because the problem of inflation for the fed rite now is they can't just focus on the core. But my other takeaway, not a hawkish surprise, but i think a pretty significant move towards restoring the fet's credibility. I mean, when yo look at eight point six % inflation, or six % iqor inflation anyf you look at the five punds rate, we were far, far quarter too low. The fed needed to catch off very badly.