Paul Volcker raised interest rates 10% in 6 months to break inflation; Powell raised only 3% in that time span.

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Sep 21, 2022
8:44:34pm

roseyscenario All-American

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roseyscenario

Previous username: addedupon
Bio page: roseyscenario
Joined: Jul 15, 2011
Last login: Jun 1, 2024
Total posts: 23,286 (4,041 FO)

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Messages

Author

Time

Fed raises rate 75 basis points ( as expected), signals that more rate

BigD Coug

9/21/22 12:25pm

Didnt have the stones for 100

Backcountry

9/21/22 12:29pm

Disagree there signalling that they'll keep FFR above todays through 2023 and

shamc

9/21/22 11:13pm

So shortsighted:

JDBlue

9/21/22 12:30pm

doing the right thing years too late is better than nothing

SingleStrapBackpack

9/21/22 12:31pm

Should have done this about 4-5 years ago.

Mitty

9/21/22 12:40pm

I'm surprised it wasn't 100bp

HuskerFan2

9/21/22 12:33pm

I think the "soft landing" ship sailed years ago when we kept kicking the can down the road

SingleStrapBackpack

9/21/22 12:37pm

They haven’t said soft landing in while. And Powell’s comments recently

cougarfann888

9/21/22 12:40pm

The inch-by-inch approach to deal with inflation just extends pain out for years

JDBlue

9/21/22 12:52pm

Um... I was told inflation was transitory.

flyzag

9/21/22 1:31pm

Good start, but a few years too late.

Division Bell

9/21/22 12:44pm

Why? I was told that inflation was under control and/or finished in June.

panacablue

9/21/22 12:47pm

It’s still transitory inflation right?

SwanSong

9/21/22 4:54pm

You can buy large non-perishable items for CHEAP. Lots of deflation if you know

rcbyufan

9/21/22 4:57pm

My guess is that they will overdo it and then have to pull back. I don't know

LifeLongLakerFan

9/21/22 1:08pm

Paul Volcker raised interest rates 10% in 6 months to break inflation; Powell raised only 3% in that time span.

roseyscenario

9/21/22 8:44pm

Was Volker's inflation below 10% though?

shamc

9/21/22 11:15pm

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