Reply To: Federal Reserve Again Raises Rates 50bps as Expected, Hawkish Revisions to Unemployment and Inflation

#47840
TradersCom
Keymaster

Fed’s Kashkari “This inflation is from demand, not constrained supply” (Huh? sounds like a party line – what is his supply concept?)
Inflation not wage-driven
There is a lot of tightening in the pipeline
Fed’s job is to keep inflation in check
US economy is sending wildly mixed signals
We are united in commitment to getting inflation to 2%