I Know You Don’t Think So. You’re Wrong
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https://market-ticker.org/akcs-www?post=245472
Powell once again jawboned Monday, stating that “he knows”
inflation is “much too high” and that The Fed “will” act as
required to stop it.
First comes the jawbone. Then, if it doesn’t work (and it
won’t in this case) comes the action.
No folks, rates are going up and the bond portfolio is going down.