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Not 0.75. so what they're going to have to do is what i call shock and awe. they should be jacking up 50 basis points every single month. okay? they think they're going to get -- >> sandra: wishful thinking. >> that's right. they think they will get to 2.75% but so what? it will be ten. >> either way it's going to be a lot of a lot of pain. >> import prices -- >> it and imagine the pain. speak of the longer they wait the worst it's going to be in the longer it's going to be and this idea of a soft landing, really? show me in history where there is a soft landing. i hate to be personal but i'm ...

The green. >> point number two, they are you'll tougher than you might have thought going in. so now six rate likes, all subject to change. now projecting six rate hikes to get to 1.9% by the end of the year. prior to that, i think fed was 3 to 4 rate hikes and then four more next year, so ten rate hikes, blah blah blah blah. the trouble with this story is the inflation rate is moving towards 10%. in fact, your import prices were up 11% for the 12-month change. so, they are going to have to take that target rate to 6, 7, 8, 9% before this is over. not 1, 2, 3, or 4. this, we are already in a s...

A sixty one percent gain. so that's before putin showede up at p all. those are huge numbers. the inflation rate, consumer prices. sean less than two percent in december of t 2020 and then t gradually surged to three to, five to seven and a half percent before putin invaded. by theay way, the latest readinn and we haven't seen a peak yett the latest readings for the cpit plus eight percent year on year wholesale prices gone up 10%. a and today we got a beauty here yesterday. import prices up 11% and it's not over yet. t'sand i think you are right, the seeds were planted with the huge big gover...

The import price index rose by 1.4 percent in the month of February, resulting in a total rise ...

WASHINGTON—U.S. import prices increased strongly in February, boosted by strong gains in petroleum and food costs, indicating that ...