They'll likely try to give us a re-do of Covid inflation to juice unadjusted numbers, but without an actual external emergency to even sort-of justify it.
I'm wondering how closely banks' rates will follow the Fed, this time. I'm guessing less-so than usual, making the measures less effective than normal. Lowering rates even further to compensate may signal panic and incompetence (even more) to the markets, which will be... fun.
I'm wondering how closely banks' rates will follow the Fed, this time. I'm guessing less-so than usual, making the measures less effective than normal. Lowering rates even further to compensate may signal panic and incompetence (even more) to the markets, which will be... fun.