The Fed knows that incrementally hiking interest rates by 50 to 75 basis points at a time

Agree 100%

quote:

---

The Fed knows that incrementally hiking interest rates by 50 to 75 basis points at a time

---

if they were serious about doing their job and doing what the numbers say is needed then they should raise it 400-500 basis point tomorrow and say they will raise it another 100 basis points each month for as long as its needed

but they were never serious about it, thats why they put a liberal propagandist in charge of the fed rather then someone who knows how to do the job

quote:

---

if they were serious about doing their job and doing what the numbers say is needed then they should raise it 400-500 basis point tomorrow and say they will raise it another 100 basis points each month for as long as its needed

but they were never serious about it, thats why they put a liberal propagandist in charge of the fed rather then someone who knows how to do the job

---

Well that would certainly let us know how well the stock market circuit breakers work...

The reality is they are playing whack a mole because they let too many problems enter the system. Inflation is not the only issue we have right now... so if they go nuts with a 400 basis point adjustment... they will make other problems worse.

There's no longer a chance for a glide / safe emergency landing... but they are trying to at least crash land in an open field where maybe we can skid and have some survivors... instead of the side of a tree-filled mountain...

I will, only because you're giving these idiots way too much credit. They don't know what the frick they're doing.

quote:

---

if they were serious about doing their job and doing what the numbers say is needed then they should raise it 400-500 basis point tomorrow and say they will raise it another 100 basis points each month for as long as its needed

---

Well, that would leave a bruise.

quote:

---

The Fed knows that incrementally hiking interest rates by 50 to 75 basis points at a time will not bring the runaway inflation under control

---

... because current inflation is due to supply chain interruptions 2° to unions and energy policy. The OP assumption is the Fed is relying on Admin messaging dependency for its legacy. Relying on this Administration for anything is a fool's errand. No one on the Fed is a fool.

My guess is they are trying to force PotatoBrain to either fix the supply chain or face recession.

quote:

---

Well, that would leave a bruise.

---

yes it would, but thats what is necessary for sitting on their hands while this reckless out of control spending got us where we are today

yes it will be bloody when it happens, but thats the only way to even make a dent at this point

quote:

---

face recession

---

Too late...a recession is a given at this point.