Replies to post #103241 on Mohacsy's Safe Portfolio Member Forum

[10nisman]

Inflation will have to be flat or down in September. If it is, the Fed may relax at the November meeting but if it's running higher than 2% we're likely in for another rate hike which I don't think we need. As we ride this post-pandemic economic roller coaster we may be talking about deflation by the end of the year.

The Fed is NOT going to relax at the November meeting. They're going to go 75 bps and 50-75 bps in December and have repeatedly said so. The only thing that would stop them from those hikes would be serious cracks in the financial system.