Fed raises rates by another 75 bps to fight inflation

Re:Fed raises rates by another 75 bps to fight inflation by Loughla on Wednesday September 21, 2022 @05:54PM (#32932059)

I want someone to prove you wrong, because I am right there with you. It seems like the swings just get wilder and wilder, and no one is at the helm.

Please someone tell me why this is incorrect.

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Re:Fed raises rates by another 75 bps to fight inflation by abakker on Wednesday September 21, 2022 @06:40PM (#32932531)

There have been very few “swings” at all. This response is case in point for “so measured it is probably not enough”. Policy has been incredibly stable in the last decade, and then we had a crazy pandemic and the fiscal policy response, in hindsight, was wrong.

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Re:Fed raises rates by another 75 bps to fight inflation by klooney on Thursday September 22, 2022 @10:42AM (#32939450)

I don't even think it was wrong, it just went on too long. The US had an excellent recovery, but because Congress didn't want to pass automatic stabilizers, and they had a hard time passing laws, they set long expiration times- and the last stimulus bill went on too long in retrospect.

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Re:Fed raises rates by another 75 bps to fight inflation by nwienert on Thursday September 22, 2022 @07:09AM (#32937287)

A ton of people called it as it was happening

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