Doesn't ‘higher for longer’ interest rates and another deflationary era kind contradictroy a little ? IF deflation is the trend, the fed doesn't need to higher for longer right? Also the US gov deficit spending and fiscal expansion seems keep fueling the inflation problem so the rate won't come down?
Doesn't ‘higher for longer’ interest rates and another deflationary era kind contradictroy a little ? IF deflation is the trend, the fed doesn't need to higher for longer right? Also the US gov deficit spending and fiscal expansion seems keep fueling the inflation problem so the rate won't come down?