OG: Do you think powell can bring inflation down with his 3.25% fed fund rates?
#5

(14-10-2022, 11:59 AM)sogo Wrote:  For 8>% inflation? It has been proven in history that inflation once unleashed is very have to retract back. And interest rates needs to be higher than inflation rate in order to curb it. Can powell hike until 9.5% fed fund rates?

If 9.5% interest rates many countries including sinkapore and sinkies condo buyers will be queuing at bedok liao.

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.
Reply


Messages In This Thread

Forum Jump:


Users browsing this thread: 1 Guest(s)