JMHO...... The FED's plan appears to be "In order to lick inflation, we need more inflation".... The inflation numbers being reported by the Government are suspicious. My personal finances are seeing at least 20% inflation, depending on the category. I can't cherry pick numbers or leave out food and fuel like they do.Wait until March 11th. I full expect the FED to kick the can down the road but it could be interesting for some banks.
Big Banks have Jerome and the politician's in their back pocket.
Watch how this (below) plays out.