Finally, some volatility in the markets this week, with the federal reserve turning "hawkish," indicating that they may need to raise interest rates two times in 2023 to combat rising inflation. I wonder if Jerome finally went down to the BP and filled up his gas tank, shocked by the prices, he immediately went to the local Mcdonald's for some comfort food. Upon arriving, he saw the franchise was drastically understaffed, and when he went to pay for that Quarter Pounder extra value meal, he found out it was double the pre-pandemic cost! That is at least how I envision it.
The real story is that the Fed set an inflation target last March at 2