FED'S BULLARD CITES POLICY RULES SUGGESTING RATES OF BETWEEN 5%-7%.
@financialjuice FINALLY! The #Fed is starting to unleash the "Bad Cop" as the talk of 7% enters the forward guidance. Just one more time for those in the back row: 7-8% #inflation CANNOT be contained with 4% Fed funds rate. The Fed has only begun to hike.
@financialjuice @MichaelMOTTCM Fed vs the markets
@financialjuice The best part about this is these guys are supposed to be the brightest economic minds we have. The “it’s transitory” guys.
@financialjuice They may slow down in 2023, but they will still continue hiking in 0.25% increments until our 401k's have dropped 80%, we have no job, and we live in a tent eating bugs.
@financialjuice it's amazing the denial taking place. Despite the Fed openly saying it, people still don't believe that the Fed wants to crash the stock market and tank the economy. Why you may ask? It's retribution against the American public for "causing inflation".