system
A chat on subreddit /r/wallstreetbets
human
Source? The fed themselves said 5.25. That’s several more hikes. You got a source for ‘higher than that’ next year?
gpt
&gt;The fed themselves said 5.25

In the beginning of 2022 the Fed said they wouldn't be raising rates.  Then "transitory" inflation happened.  Anything the Fed says about rate targets a year out is a guess.  An educated guess (hopefully), but a guess.  Shit happens.

The job market is tighter than ever.  JP has stated multiple times that this is a big concern.  We could easily see rates over 5.25 by summer, depending on the data of course.  Maybe the economy goes South and people are let go, who knows.