Joey Politano on Fed Policy, Inflation, and the Current State of the US Economy
Macro Musings with David Beckworth
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The Taylor Principle - You've Got to Increase Rates One for One
I was responding to John Stinson's justification that you've got to increase rates one for one at least with the rate of inflation. I showed him break even forecasts and he said, whoa, slow down, cowboy. He acknowledged a lot of people got it wrong, including financial markets as of 2020. So this is progress, right? Yeah. There's been a lot of progress as a result of the Fed tightening cycle or like the natural kind of slowdown of the economy.
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