This is the Fed’s idea of “tightening”

July 17, 2023 9:53 am by CWR

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Glad to hear that inflation is cooling (now in semi-log!) pic.twitter.com/tweuJFCzop

— Rudy Havenstein, populist. (@RudyHavenstein) July 14, 2023

See also The Fed's worst nightmare has begun: Inflation rises with a weakening labor market—stagflation may have begun; J Powell has handed Trump a ticking time bomb

See also THE DEEPER DIVE: The Bond Market is Now Flying Inverted to the Fed's Controls

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