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rate below 4%. the fed is going to have to persist in raising interest rates whether they will raise them as sharply as they have in the past is an open question. there is no question happy at the inflation rate down below the level of wage gains for this inflation will simply continue to be away in the wage gains in this country the fed is simply not going to allow that progress mary, do you see any chance the fed will stop its rate increases? or do you see it continuing to go upwards of say 5%? at that happens, still avoid a recession in 2023? i think jay powell has made it pretty clear he is going to hike again in december. maybe not as aggressively as he has the past two times. that tightening continues to be necessary. he s got a real problem on his

Inflation rateInterest ratesWage gainsRate increasesProgress maryJay powell