With inflation at 8.6 percent and the Fed rate between .75 and 1 percent, a 50 basis point hike will do nothing to stop inflation.
Inflation Hits 40-Year High, Dow Falls Over 700 Points, Worse is Yet to Come
Inflation Hits 40-Year High, Dow Falls Over…
Inflation Hits 40-Year High, Dow Falls Over 700 Points, Worse is Yet to Come
With inflation at 8.6 percent and the Fed rate between .75 and 1 percent, a 50 basis point hike will do nothing to stop inflation.