Powell said in his address that it is possible for

Question

Powell said in his address that it is possible for

the Fed to raise the interest rate by 0.5% at once. Translated, the Fed will do it. Objectively, they have no reason not to do that, and I think it is possible that there will be a rise of 0.75% at once in the future. Why not? Inflation is high, unemployment is low, the economy creates jobs, the budget deficit is small and the state of the business cycle can withstand rising interest rates without slowing economic growth. So there is no reason to worry. Of course the stock market reacted perfectly egocentrically and everything fell apart. The problem is the condition that is right in the middle. The stock market cannot grow because it is expensive, and it cannot fall because the economy is good.

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30.04.2022