Marching Towards Neutral

Despite the inflation, The Fed hopes to get back to a neutral rate by year end

Succinct Summary:

Inflation pressures continue to persist and aren’t showing signs of relief. The Fed is getting more aggressive and signaled that it plans to raise rates by 50 bps at a time. However, the Fed seems to have a zero-tolerance policy for recession and so they are still relatively dovish in tone even despite hawkish actions. As a result, desp…