Powell won't do it, but Trump's new FED chairman will. Just wait until May 2026 to see this happen. Rate cuts are coming whenever we like them or not. That, combined with tariffs, will raise inflation all the way to the moon.
I'm beginning to think the US is on the brink of "hyperinflation". Meanwhile, China and the EU continue to grow without disruptions. They will strengthen economic ties, effectively leading us to a "New World Order". The ECB is cutting rates, while China is moving to other markets to keep its business afloat. Where does that leave the US? Alone, isolated from the rest of the world (America First). At least, that's how I see it. But I could be wrong. Maybe there's "light at the end of the tunnel"? I hope so. These are uncertain times, so anything's possible.
"Hyper" part seems a bit like we are making this bigger than it should be. At the very very worst case, I would assume 20% would be the key here, nothing more. I know that we are going to make some bigger changes eventually, like the whole nation will have to increase the rates again and live on a very "help me" state from the government, like ask for handouts again, printed money, non-recoverable damages etc etc. But it still wouldn't be 100% or more.
And to call it hyper inflation, we need to have something large like that, otherwise it makes no sense to call it hyper. If inflation is even 20% that is terrible and that is of course bad for USA because they are not used to those and when that does happen, their entire infrastructure is not ready for it and takes time to recover. But that still isn't hyperinflation.