Fundamental: Inflapression (Inflationary Depression)

Christian Laggard raised interest rates by 50 bps last week, and Mr. Powell decided to raise the Fed Funds Rate by 25bps today and to keep the Quantitative Tightening Program at its current pace. It is hysterically funny that the Fed and ECB both contend that they can fight inflation while also ensuring financial stability. Such a contention reeks of manure ...     Alert Mar 28, 2023, 5:19am Fundamental: Inflapression (Inflationary Depression) Christian Laggard raised interest rates by 50 bps last week, and Mr. Powell decided to raise the Fed Funds Rate by 25bps today and to keep the Quantitative Tightening Program at its current pace. It is hysterically funny that the Fed and ECB both contend that they can fight inflation while also ensuring financial stability. Such a contention reeks of manure ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support