Are you mad that they didn't raise the federal funds rate sooner? And do you not understand how the CPI is calculated?
One of the major reasons that software was hit hard is that it grew accustomed to 10 years of insanely low interest rates that for some reason didn't cause inflation, and then when things started returning to historical averages, it couldn't continue in the same way.
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Are you mad that they didn't raise the federal funds rate sooner? And do you not understand how the CPI is calculated?
One of the major reasons that software was hit hard is that it grew accustomed to 10 years of insanely low interest rates that for some reason didn't cause inflation, and then when things started returning to historical averages, it couldn't continue in the same way.