The Sleeping Giant Awakens
Inflation is now the talk of the town as consumers are feeling its effects both at the gas pump, and at the store. But quietly, the slumbering behemoth stirs.
The Fed is, for better or worse now acting.
They have finally raised rates, the first time since 2018. 25 basis points from 0.25 to 0.5%. On the whole this does nothing, bu…