Fed's Williams: Iran war impact will drive up headline inflation

2.75%?

For the love of God, please resign. How on Earth can it be that low if you're doing nothing to deal with another round of rising prices? For years you haven't reached the goal of 2%, even in the way you calculate it, which is misleading to say the least. Real inflation rate is around 6% - 10% and now add this incoming rise in prices to that. And yet, you're holding the damn rates so low it's unbelievable. Like a plane that is heading towards the mountain and pilot keeps it steady, not turning the plane to avoid crash. You can see how fragile the economy is by reluctancy from the Fed to hike rates again. All of this ponzi scheme would go down in flames if the Fed starts hiking rates again. And bubbles in the markets? Completely deflated! Depression! Eventually, the economy would recover and the USD would recover spectacularly (its purchasing power). However, the cost of deflating the current bubble in real estate and the stock market is so high that it is not an option. Fed can never raise rates again, it's over. They will keep cutting rates and keep infating the bubble until there is nothing left of the USD (its purchasing power so eroded that investors are done with the USD and buying US debt and public outcry reaches a melting point).

Folks, don't worry about the Fed hiking rates, it's not happening. Every USD you can save should be invested into gold, even if its gram by gram.