TSX:AX.PR.E - Post by User
Comment by
SNAKEYBOYon May 05, 2023 11:14am
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Post# 35432971
RE:When the euphoria fades.................
RE:When the euphoria fades.................Some fed officials in St Louis I believe acknowleged that rate hikes alone won't solve inflation....they'll surely knock off the banks and some CRE in the meantime and create government insolvencies the longer they remain elevated. The fed doesn't need to oversteer....inflation will not rip to 10%....if people can't afford higher prices they don't use the service/product. Supply and demand fundamentals. The fed is oversteering.