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Message Subject JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023
Poster Handle N3M3S1S OMEGA
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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?

[link to www.barrons.com (secure)]

kidneybeans
 Quoting: Cornfox


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.
 
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