The New CS Board

[jumanji0881]

The Fed's next 50bp rate increase is expected about that time at the next FOMC meeting. So, will the Fed stay the course even though rate increases will not reduce inflation? Gas is over $5 locally and is expected to be over $6 once the summer driving season starts. And food prices will only increase as supply diminishes. I would welcome a hard recession/depression to get stocks and RE prices down to a reasonable sustainable level. It's been a very long time since there were any bargains to be had. I'm just starting to see some now, but I think it has a long way to go.