Translation: the Fed is done raising interest rates. Period. Forget all of the tough talk by the team over the last few months. We raise until we break something. Now that we broke it, that's that.
As for that inflation problem... It will require another solution...
Or maybe it's what they had to do to justify future rate hikes? I hope so, need some way out of this hole. But certainly billionaires are plotting how to capitalize on it. Feels like 2008 but in much slower motion so the wealthy can squeeze every dollar out of it on the way down.
As for that inflation problem... It will require another solution...