[jeffalbertson]

Grocery stores were emptied but i'll agree that people weren't starving. Maintain housing? I am knee deep trying to buy my first house and completely priced out of my home state. We've had 5 offers on houses now go ~100k over asking. It is brutal out there on housing. Moving to another state means leaving my extended family and taking a pay cut due to company pay scale policies for out of CA workers.

25bps wont help 7.9% inflation. We cant substantially raise rates like the 80s because there is too much debt. The current war will cause trade & commodity issues that wont reveal themselves till late this year. The current admin just signed another 1.5 trillion. And they will keep creating money to finance war or bail out bad situations they themselves created. Middle class and lower are screwed