Congress and Fed must think were the fairy dust. Increase borrowing cost while multi companies like black rock and rich foreign nationals don’t have to borrow to buy.
The White House continues to create inflation by spending our money and more than they already get causing more ingestion. So what do they want to do next as if inflation tax isn’t enough, want increase taxes. The Fed is treating the effect not the cause and putting the costs back on us. It’s fixing nothing just a bad combination.