May PCE annual rate exceeded 4%, the Fed's inflation target is 2%.


Many people say: The Fed cannot raise interest rates.
That's because these people haven't lived in the US and haven't personally experienced US inflation.
The Fed not only can raise interest rates, but even to some extent must raise interest rates.
The cost of uncontrolled inflation is greater than the cost of a recession caused by rate hikes.
This cup of poison wine must be drunk now, or be forced to drink it after the revelry.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned