The Fed needs a 75bps rate hike, followed by a 50 bps hike to have any fighting chance of arresting the inflation. With the currently planned sheepish 25 bps hikes it would take years to restore the normalcy.
The Fed needs a 75bps rate hike, followed by a 50 bps hike to have any fighting chance of arresting the inflation. With the currently planned sheepish 25 bps hikes it would take years to restore the normalcy.
