Saturday, February 25, 2023

The More I Read The More I Know A Fed Rate Of 8% (Or Even Higher) Would Solve A Lot Of Problems Overnight -- February 25, 2023

Link here

*************************
What We Need Now:
A Fed Rate With An 8-Handle

I'm serious as a heart attack. 

The more I read the more I know a Fed rate of 8% (or even higher) would solve a lot of problems overnight.

JPow needs to stop  worrying about inflation and embrace a much higher fed rate.

An increase of 150 basis next month (brings us to 6%) and then another 150 basis points the following month (brings us to 7.5%). Then pause and see what happens.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.