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02:48 PM
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JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:N3M3S1S OMEGA:MV81MDUyNDQ2XzkyNTgzMjQ3Xzk5NkJGOTQx] [quote:Cornfox:MV81MDUyNDQ2X0M5NzU4MEYz] JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023 25 basis points per meeting until March next year. Will this prevent my beans from going up in price 10 cents every 3 weeks? https://www.barrons.com/articles/jpmorgan-now-expects-nine-straight-fed-rate-increases-until-march-2023-51645298667 :kidneybeans: [/quote] Nope, beans will still go up. The fallacy that rate increases can clamp rampant inflation is garbage. Inflation ^ Biden to raise taxes^ Interest rates^ Consumers will be on GOV life support and the spiral continues at a faster rate until collapse. [/quote]
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JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023
25 basis points per meeting until March next year.
Will this prevent my beans from going up in price 10 cents every 3 weeks?
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