Ramunei

The current situation, and puzzling inertia Inflation has been with us for a year; it is 7.9% and trending up. March 15, the Fed finally budged the Federal Funds rate from 0 to 0.33%, (look hard) with slow rate rises to come.   A…

( Update: This post turned in to " inflation past present and future" ) I realize that the title of my last post, Is the Fed Fisherian?  was not as clear as it could be. The model I used to understand the Fed's fore…