– The Fed has been inaccurate in their predictions for the past 2 years.
– Inflation needs to be reduced.
– Powell does not believe the reverse repo rate will decrease.
– A slight decrease in the job market could be helpful for the US economy’s soft landing.
– The Fed is not going to fund the US government’s debt.
– Price stability is crucial for the US economy.
– Powell disagrees with a rate reduction this year.
– It might take two years for the Fed to reduce the rate.
– There are discussions about whether a rate cut is permissible in the next year.
– No member of the Fed anticipates a rate cut in 2023.
– Little progress has been made in lowering core inflation.
– Expect slower growth, but not a drop in earnings.
– The banking system is being closely monitored by the Fed.
