Viewing a single comment thread. View all comments

GatorsILike t1_je8kw7q wrote

Reply to comment by [deleted] in BlackRock warns that investors are making a mistake by betting on the Fed to cut rates by uslvdslv

They were wrong about transitory inflation for a year. Why aren’t they wrong now?

6

relentlessoldman t1_je8niwz wrote

Because inflation is still not going to magically go away in a few months.

18

Unkechaug t1_jecb43e wrote

If it does, it’s because the economy has tanked.

2

wattatime t1_je98kfn wrote

Because the fed doesn’t control inflation. They try to manage and predict it. They however can control fed funds rate.

7

TheMcBrizzle t1_jeadfha wrote

Oh shit, you mean JPow didn't have a button that he pushes to increase or decrease inflation in his desk...?

Fuck me, I have to call my broker and find me the closest Wendy's dumpster.

3