Credit Comic News Today

Interest rates and negative, meaning a continuing subsidy for credit comic meaning still accommodated monetary policy. is that enough in your view to get this inflation under control? >> nowhere near. paul, i dont think its anywhere near enough. even if inflation or two, 2% which it was before the pandemic, 0% fed funds rate is not appropriate. cpi is running at seven, pce is running close to five. so what is the neutral fund rate when inflation is running at five? it is certainly not 75 basis p...