Fed’s Attempt at Goldilocks Scenario (Soft Pivot) Will Crash the Economy, by Robert Stark

Mar 23rd 2023 9:51pm EDT

Yesterday, the Fed raised interest rates by .25 basis points, as the Fed did in February before the banking crisis. I speculated that a bank scare could cause the Fed to pivot, but this modest rate hike did not surprise me, as the CPI came in at 6% inflation for February, and there are signs…

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