I think they ought to.
But I suspect they won't for several months. The Fed is usually a bit cautious, in order to preserve its reputation for being tough on inflation. Probably a good thing in troubled times, even if you lose a bit of growth at the beginning of a more benign period, of the sort it looks like we are entering.
Good work from the US economic people following the pandemic, which means the Fed plus Biden's Treasury in particular.
GDP growth.
Disinflation.
Debt to GDP stabilised.
Historically low unemployment.
And now seeing increasing consumer confidence.
No wonder your stock market is running up.
Oh but wait. What counts is that Biden is 80+ and fluffs his lines.
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