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greenskew t1_jaen3nv wrote

Even with CPI coming in hot, 50bps is not happening. Fed won't adjust their current plan and lose credibility. They have to let everyone think that Fed knows what they are doing. Going 50bps would mean they had no plan. Just shooting in the dark and hoping it would work.

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skyline917 t1_jaeq146 wrote

Everything pertaining to this isn’t so cut and dry.you enact policies and you see the result. If things need adjusting that’s what you do. You adjust your plan.

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curly_as_fuck t1_jaerd3w wrote

Agreed. They’re not going to change their plan after one cpi report. Everyone is overreacting

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