Garbage.
History has shown that markets rise with higher interest rates.
Not unique times at all. Please stop swallowing whatever media it is that is getting you to be a catastrophiser. We are a LONG way from any catastrophe.
The world has seen this before. High inflation is generally associated with excess demand. Cooling that is the goal.
FWIW this tightening will be short - due to reasons you have actually allluded to - mega debt load. Plus SC's are unlocking and the demand removal will amelerioate proces further. I say 6 months and inflation will be nipped - IE is another issue which may take longer
Add to My Watchlist
What is My Watchlist?