Is this the only move for the Fed when it comes to interest rates?
Unfortunately for investors looking for short-term relief, economist Alex Krügerthat “The Fed will not stop tightening unless markets break or inflation drops considerably and for *many* months.”
According to Krüger, the Fed will “need to see Y/Y [year-over-year] inflation drop 0.25%–0.33% on average every month until September” to meet its goal of bringing down inflation to the 4.3%–3.7% range by the end of the year. The Fed’s responsibility for the current market conditions was also touched on by billionaire investor and hedge fund manager Bill Ackman, who
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