Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

THE EGG ON FACE.

[garyreins]

Both Powell and Biden suggested they saw lower rates this year and that inflation is trending down....

Only so many times you can cry wolf and be *wrong

Credibilit will be lost

Would be one GIANT egg on their face if they are wrong, let alone, need to hike.

They effectively should have cut in the fall when PCE hit their target and implied inflation may creep up a bit and settle higher (whats happening now) through 2024 regardless. At least they would have kept their word and deemed a success

If they are wrong this time, it is simply coming down to Powell get fired, Biden getting ousted, and a new team that can actually deliver or at least is capable of framing the narrative so that society moves on from this CPI monthly watching

[DZtrader]

Puckin idiot.