Fed plans to raise rates as soon as March to cool inflation (user search)
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  Fed plans to raise rates as soon as March to cool inflation (search mode)
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Author Topic: Fed plans to raise rates as soon as March to cool inflation  (Read 20021 times)
Fmr. Pres. Duke
AHDuke99
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« on: November 07, 2022, 11:50:09 AM »
I think we get to 5% at the very least before the Fed slows down. I suspect the CPI number this week will be hotter than expected given energy prices ticked up last month. Anyone who thinks the Fed will slow down or pivot anytime soon is not paying attention to persistent inflation.
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Fmr. Pres. Duke
AHDuke99
Atlas Star
*****
Posts: 24,074


Political Matrix
E: -1.94, S: -3.13

P P
« Reply #1 on: November 15, 2022, 10:58:11 AM »
Quote from: jaichind on November 15, 2022, 09:05:19 AM
Oct PPI MoM came in at 0.2% ... Adding to the inflation-peaking narrative.

Yes, really a home run across the board with today's PPI number. I'm not going to pop the champagne yet. We need to see a pattern. We had a good number in August before inflation re-accelerated, but the rate hikes are clearly working their way through the economy now.
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