Not a chance they pivot that soon, we going to 5% rates 90% certainty. I’d assume a .50 instead of .75 next time before election then another .50 and then a couple .25’s early 2023. The main thing to watch is balance sheet but rates wise they won’t get to real positive rates. Inflation at 6% maybe by then and rates 5% still fakery as @waveshaper commented on previous post @silverd510/markets-awaiting-wednesdays-announcement-at-the-fomc-meeting but she thinks 4.5% is the max they go. I believe they will hit 5% and they know exactly what it means. They are going to come out with the CBDC and claim to save us. If they wanted to really fight inflation they need 10% plus rate which isn’t happening. It’s a huge fake bubble and there is no solution. Pain incoming unfortunately and it is going to be worse then most believe.