What I'm curious of is what is the response lag between interest and inflation right now. It could be significantly longer than what economists are used to seeing; at no point in history has interest been as low, for as long, as it has been the last 10 years. We were basically at 0.25% interest for 9 years. Hopefully we're not looking at a 2 year lag time in which interest continues to rise but loose monetary policies over the past 10 years still drive up inflation despite interest hikesExperts knew there would be blowback once the Fed started raising interest rates. They're sill not bad in comparison to some previous decades so, who knows? The fact they are raising rates shows the Fed thinks the economy is strong enough to handle the increases.