Its a no win situation for the federal reserveIf they raise interest rates high enough to stop inflation ( the economy goes into recession) ...........if they let inflation run rampant ( the economy goes into recession) ...........looks like their preferred course of action is to raise rates a bit.......wait a bit.......raise a bit more.......wait a bit more..............anyones guess on how high interest rates will need to get to to stop inflation? Its scary to think that interest rates may need to rise back over 10% or maybe even higher to tame runaway inflation