Don't forget the huge amount of cash and RRP that stabilizing the rates pretty solidly, moreover this kind of supply inflation can hardly be fixed by rates hike.
Good speech by NY #Fed Williams pushing back against early hikes. Williams: "Long way to go until max employment" Translation: No way we hike in '22. Williams: "I expect inflation to come back to 2% next year." Translation: Maybe (maybe) we hike in '23. marketwatch.com/story/fed-wi…

10:42 PM · Sep 27, 2021

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