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Reply to "U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years"
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[quote=Anonymous]CPI numbers white hot. Core CPI was up big time, particularly with rising housing costs now reflecting rent increases. This is not transitory or likely to abate due to supply chain at all. JPow has gotta get this under control. A rate hike is the least of the concern. JPow needs to bring out the bazooka and start quantitatively tightening NOW. The Fed is so, sooooo behind. QT is going to spark a recession, unfortunately. But the medicine needs to be taken.[/quote]
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