Replies to post #103059 on Mohacsy's Safe Portfolio Member Forum

[Elroy Jetson]

The Fed said 4.4% by the end of the year, not 4.25%, with 4.6% by the end of 2023.

They're estimating a big decline in inflation driven by these normal interest rates.


Compare this with the 1.75% rate at the Bank of England which is currently expecting UK inflation in excess of 22% this year.

It takes $1.13 to buy a Pound, and that's overpriced when compared with a Euro at $0.98 - at least in my experience.