I think as hard as the fed tries, they are going to hit a brick wall with the government needing to spend more on interest payments, theyll have to pivot. Its a falling wedge with massive inflation on one side and a black swan deflationary contagion event on the other, they are trying to get down from inflation now but will soon be headed back up to avoid contagion, their room to operate is shrinking as the wedge closes in. My thinking is that it will break to the upside with inflation because thats all politicians know how to do, and whatever autonomy the fed enjoys now will be thrown out the window.