QUOTE(thkent91 @ Mar 23 2023, 08:17 AM)
No sifu but the current Fed voting members are predictable except 2 of the members
QUOTE(Cubalagi @ Mar 23 2023, 11:34 AM)
Even last night can see Fed seriousness goyang already.
Just early this month, Powel was talking tough like want to hike 50bps. Now only do 25bps.
A lot of change in the language and the tone as well
In fact QnA this round shorter than before
QUOTE(Boon3 @ Mar 23 2023, 11:37 AM)
Bungkus lah.
On the brighter side, Yell made him look good....!!!
So can raising rates bring down the soaring energy prices?
Yes by tampering expectations on high and big purchases
QUOTE(Boon3 @ Mar 23 2023, 12:12 PM)
And I wonder ... if stopping the war in Ukraine will have any impact on inflation?

Stopping the war is one thing π€¦ββοΈ the bigger problems is supply chain mismatch and expectations
Even after stopping the war more money is needed to rebuild so it that it will take time to recover
Best example after WW2 it took America until after the Korean War then the economy start booming then