system
A chat on subreddit /r/wallstreetbets
human
Fed will be hitting 5% interest rate soon. Then they will reverse course because something broke in the economy. Then each point they drop will mean the economy is worse off than anyone expected so the stock market will tank further but eventually everyone will get drunk on cheap money again.
gpt
Yeah. The Fed’s record has been one of always going to far.  It’s made up of people most insulated from the pulse of the economy and are the last to realize the current state of the economy. 

It’s like a retail worker knows that traffic sucks first, then the manager, then corporate. They then compile their reports and it eventually gets to shareholders. And this is the first that the Fed hears of it, but they don’t want to act on a single report so they wait for more reports. 

The average retail worker knows months before the Fed does if things are looking up or down.  Which is why the Fed always is slow to react and then maintains policy for far too long.