“So do they really have the ability to see the future? Not really … it was just a year ago that everyone said I’m not even thinking about thinking about raising rates,” he said.
“I don’t think they need to go higher than that. And steering the market by saying, ‘We’re going to stay high through 2023’ when they have no idea what’s going to be happening in 2023. It was really not a good image to project,” he said.
