/biz/ - Business & Finance

>>58430380
It's up to the master of the (central bank) universe.

5.25 should be enough right guys?

>We're not planning to raise rates anymore, but we will if we have to
>We're not planning to cut rates anytime soon, but we will if we have to
>Check out this dot plot, we think that by the end of next year the fed funds rate could be 2%, 6%, or anywhere in between.
We're totally in control of the situation, please understand, we have the best experts working for us.

Powell will pivot once he realizes he can’t control inflation or demand with rate hikes. Never take the Fed at their word. They lie. They’ve always lied and they will continue to lie as they continue to print money and start cutting rates again this summer. The last thing he wants to do is take the heat for the fuck ups of Bernake and Yellen for the next 10 years while he holds office. Besides, we’ll all be better off if we let inflation run hot for another 2-3 more years while we get out affairs in order.