Inflation Rates

[Goalpost]

Well, it's obvious the stock market doesn't like the combo of negative GDP(recessionary) and high inflation. It puts the Fed in a box. I think they had to raise rates, which they did this week by 75 basis points...usually a rate hike is only a quarter point. So it is somewhat admitting they were behind the curve. Can the Fed get us out of this? I don't know. This week, the market went up the day they raised rates. Today it went down on fear of recession.