Re:Inflation rose 9.1% in June, even more than expected
by throwaway_4ever on Wednesday July 13, 2022 @04:33PM
(#32088387)
75 bps hikes are unprecedented in the last 40 years, since Volcker, and they are happening every month right now. By historical measures, I'd consider it frantic compared to most of history being long periods of unchanging rates.
Re:Inflation rose 9.1% in June, even more than expected
by slaw on Wednesday July 13, 2022 @05:27PM
(#32088964)
Keeping interest rates 7% points below inflation is unprecedented in all history, by historical measures, I'd consider hikes are 2 years too late and tiny.
Look at the gradient of the recent hikes: https://www.macrotrends.net/2015/fed-funds-rate-historical-c...