Do You Think Weve a Long Way to Go?

The conventional wisdom is that in order to reduce high inflation, ah, you need to increase the interest rates. Wohler: It feels like it wile were, i think you're entirely right, that the sign that the drugs are out of our system is that inflation reaches that 2-4% range. The best way to avoid this situation is not to raise rates too slowly and start a spiral downward. But I wouldn't be surprised if we see a half point at the next fed meeting again.

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