Inflation may come down a bit, but as soon as we exit recession (2023-2024) inflation will roar back to new highs…. A recession by itself don’t fix supply, commodity shortages and massive monetary debasement.

August 2, 2022 9:28 pm by IWB

Fed: we are done with forward guidance

Also Fed: we will not be cutting rates for a long, long time

— zerohedge (@zerohedge) August 2, 2022