Sounds crazy doesn't it?
But, with the recent strengthening of the economy, including true job growth finally, and the need for dollar strengthening, I would firmly propose that the Fed get ahead of the inflation curve now and begin raising rates slowly.
- This will signal to the world that the economy of the most important economy in the world is on the rise
- This will firmly restrict inflation looking forward
- This will begin to reduce the pressure on the dollar and let it move to free floating
What say you?