Things the Fed said one year ago:
— The Kobeissi Letter (@KobeissiLetter) September 21, 2022
1. Rates will remain lower for longer
2. Unlikely to raise rates until 2024
3. We believe a recession is unlikely
4. Inflation is transitory and not a problem
5. Inflation should fall to 2% in 2022
Has there ever been a more wrong Fed?
Things the Fed said one year ago
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