Comments by "DiewConklan" (@hRt42kuo7jTtmk14) on "Powell Says Fed to Double Taper Pace in Inflation Pivot" video.

  1. Wait until the first 2 rate hikes have zero effect on inflation and 3 quickly becomes 6 or more. Unless they plan to raise rates at least 1% per time then it would take nearly 10 quarter-point interest rates hikes just to get interest rates back to where they were in Feb 2020 before they cut the Fed funds rate from 2.5% to zero. And that was at a time when inflation was barely even running at 2%. With inflation at nearly 7% now (and still rising) it’s hard to imagine that anything less than interest rates at 5% will be able to slow the economy enough to start bringing inflation back down to anything close to the sustainable 2% range.
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  2.  Dan Therman  crash what? The risk asset markets or the inflation rate? Go back to 1982 when inflation was at roughly the same level it is now. Interest rates went as high as 20% before they were finally able to bring it back down.
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