>>21340986see
>>21340933the Fed has indicated themselves in dot plot / many speeches since that they intend to cut aggressively 2024 / 2025
Central banks worldwide are all doing the same thing
If you have financial conditions easing, before inflation was truly defeated (it wasn't defeated) then you have a surge higher in inflation
>pic relatedThis is the same exact mistake that was made in the 1970s, that from the beginning Powell said he didn't want to repeat Arthur Burns - but even fully aware of this, he still managed to repeat Arthur Burns mistakes, he succumbed to the political pressure