Fed doubles taper rate, eyes three interest rate hikes in 2022 as inflation soars

[Stringfellow Hawk]

Biden will not be happy until he overtakes Jimmy Carter as the worst economy President ever!!

https://www.foxbusiness.com/economy/...-december-2021

[McRocket]

Equities and gold are all up.

Equities had this priced in already.

Gold for the safe haven money.

To me?
It all comes down to next year?
If inflation keeps rising?
Or not.

[T. A. Gardner]

The real problem is if the fed hikes the prime rate, then all-of-a-sudden treasury bonds and other government instruments financing the national debt require much larger interest payments and the debt service costs skyrocket. That in turn means either more inflation or government having to cut spending big time. Which is more likely?

[Celticguy]

inflation will continue to rise but will not go away very rapidly if at all.

and then the stock market corrects in biblical fashion.

Way to go Brandon....

[Lionfish]

The real problem is if the fed hikes the prime rate, then all-of-a-sudden treasury bonds and other government instruments financing the national debt require much larger interest payments and the debt service costs skyrocket. That in turn means either more inflation or government having to cut spending big time. Which is more likely?

The alt lefties in their continuing rage against Trump will not understand what you wrote.