Lots to say about this, but for now.... https://twitter.com/chigrl/status/1239299322887446529 …pic.twitter.com/w2zfanTEfD
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I remember being old enough when people were like “the fed should raise rates faster and risk higher inflation because they’ll need more room to maneuver for a recession” and that was somehow a strange or unreasonable thing to say
Inflation risk is more of a thing the lower you go, but i do agree that it would've been nice to have had some more interest rate buffer... could've reined in the high yield debt boom for riskier corporates (somewhat)