RE: 0.25% Locked In with hopefully less Hawkish comments from Powell22 Mar 2023 08:39
Faffing around with a quarter point increase will just prolong the interest rate pain . What is needed is a big bold move like we had around 1989/1990 when rates were raised 2 percent over night, if they want inflation down. (Actually I don’t think that they do because it is the best way to reduce government debt) . We shall see how this plays out but another 2 rate rises looks on the cards to me .