June 17, 2021

THAT ’70S SHOW: Federal Reserve Delivers Bad News About Expectations For Inflation, Raising Interest Rates. “The Fed is now signaling that rates will need to rise sooner and faster, with their forecast suggesting two hikes in 2023. This change in stance jars a little with the Fed’s recent claims that the recent spike in inflation is temporary.”

How is it that Washington and Wall Street are the only people shocked by this?

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