No cuts yet.
Perhaps by mid year.
As for inflation, that's their best weapon to pay off their debts.
Easier to pay off yesterdays debts with todays (inflated) money
I'm old enough to remember when a million dollar house was only for rich people....
My biggest concern is if JPow even whispers anything about stopping QT.
If he does then equities moon and the comedown will be historic (for all the wrong reasons).
Surely not but the way the market is acting who tf knows?!?
29/01 Indices, page-35
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