Some Fed governors are talking about hiking, some tapering, some like Powell and Williams suggesting anything is a log ways off. What's going on?
A reader asked "When Does It End?" in response to Real Interest Rates Are More Negative Now Than In the 2004-2007 Housing Boom.
Real Interest Rates Are More Negative Now Than In the 2004-2007 Housing Boom— Mike "Mish" Shedlock (@MishGEA) June 24, 2021
The Fed says inflation is transitory. The Fed is correct for a hugely wrong reason.
It's transitory because the Fed itself has sewn the seeds of another economic collapse.https://t.co/U2FTbnmQjD