The interest rate on your credit card just hit an all time high.
— zerohedge (@zerohedge) September 21, 2022
Americans go for cheap groceries stores pic.twitter.com/tI6XSQHlla
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) September 21, 2022
The Fed's HFL–rates are going Higher, getting there Faster, and staying there for Longer.
Among the market reactions:
A (2s-10s) US yield curve inversion of 50 basis points plus, the most in 22 years.@wsj #economy #fed #FederalReserve #EconTwitter #markets #CentralBanks #bonds pic.twitter.com/i2E8neq1H8— Mohamed A. El-Erian (@elerianm) September 22, 2022