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FAIT Accompli
The cure for high prices is supposed to be high prices.
The logic's sound: If you charge too much,
I watched a bit of Powell being grilled by Congress. I’m surprised that no one asked him if he had a ‘Go Bag’ in his office.
H-Man, I have been and remain in the 5%+ camp for the 10’s this year. Inflation may resemble what Burns saw in the 70’s. I don’t think Powell is going to cave to political pressure unless of course DOGE concludes the Fed is wasting money and there needs to be budget cuts.