/biz/ - Business & Finance

Here's the QRD:
>coof happened
>fearing the end of the world, the FED injected way too much liquidity into the economy
>inflation is now the new problem
>hike rates at record pace not seen since the 80s
>despite all the memes, SOME parts of the inflation numbers were transitory
>inflation is being softened faster than anticipated
>now we face a DEFLATIONARY risk if the FED doesn't stop QT in time due to lagging indicators
>market is pricing in an earlier pause/cuts and calling FED bluff (you are here)
>will rally off this until the economy fully digests the hikes and the eventual recession happens next year
>this will force the FED into much lower rates as the bond market predicted, which they need an excuse to do since they overtightened way too fast