I think I would've felt better with a half point raise.
Remember, the Fed called inflation 'transitory' for quite a while, even as others pointed out it seemed here to stay. They may not be giving it the respect it deserves.
I'd be delighted to be wrong, to watch inflation fall with the smaller raise. But if it fails, I hope they move aggressively against it soon to stop it.
Remember, the Fed called inflation 'transitory' for quite a while, even as others pointed out it seemed here to stay. They may not be giving it the respect it deserves.
I'd be delighted to be wrong, to watch inflation fall with the smaller raise. But if it fails, I hope they move aggressively against it soon to stop it.