It is a bit puzzling how some ppl are getting worried that the Fed would tighten too much?!
1. Has the Fed really done anything yet? No
2. Aren’t we already facing 7-10% inflation?
3. Wasn’t the Fed overly cautious by keeping emergency support for the economy for 2(!) years
4. Didn’t they ignore calls from the market practitioners since 2021 to start normalizing the monetary policy much earlier? 
Oh, God…

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