@TheStalwart@markets The only thing that the current interest rates hikes can achieve is to put the economy into recession and to bringe misery worldwide. They cannot solve the inflation problem because the reasons for the inflation are structural and outside of FED's control.
@lisaabramowicz1 Bond markets are already breaking, Lisa. It will be interesting to see what happens when FED raises rate by another 75 bp at the beginning of Nov. Maybe they will have to stop in order to collect the wreckage.