OG: Do you think powell can bring inflation down with his 3.25% fed fund rates?
#8

(14-10-2022, 01:15 PM)victortan Wrote:  thing dont work this manner,, inflation 8% got to increase rate to 8% to get to zero.

as rate increase the economy could slow faster than expected so inflation will decrease even faster without further rate increase.


Actually it did not happened in history. Even Volcker had to hike it to 20% to finally kill the inflation. What makes u think Powell can hike 4% to bring down inflation?
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