Edit: sorry, I read your statement wrong. What I was responding to was more in line with going to 3.4 in 2022 is a big deal.
In the scheme of things, yes! It’s the difference between buckling your seat belt for a landing and putting your face in your lap with oxygen masks hanging down. It is a full steam ahead damn the torpedoes statement.
What I will say is, I do respect the decisive statement put out by the Fed. They have chosen their path it seems and whether I agree or not, it’s not shaky. There’s a clear path.
I mean they want to get 3.4% by the end of the year and then take another whole year to move to 3.8%....dont understand the logic
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