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Powell Raises Rates To A 22-Year High, Is This The End? | Jim Bianco

Inflection Point

00:00

The Fed's Decision to Acquiesce to Inflation

Jim Boulden: I'm having trouble justifying my steelman case for being a bull at this particular moment in time. He says the inflation isn't where we want and the fed things that it needs to keep rates high, you have this risk free anywhere. We aren't going to get this change, this shift in regime, right until either something breaks, or we've waited till two percent at 2025," he said.

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