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RE: 75 Points What's Next

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@rpren
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1 min read

Things will get worse before they get better. It is possible that the Fed will stick to its fight against inflation and continue raising rates. Probably another 125bps in 2022 and more in 2023. It will all depend on the pain the financial system will be going through at these rates. Not to speak of the the financial problems the US government faces at significantly higher rates. As a political construct the Fed will give in if the pain for these two constituents of its monetary policy becomes too great. Time will tell.

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