We know the FED has zero credibility, not just in the “inflation is transitory” BS but in everything they have ever predicted, projected or implemented. They should change their name to the “Office of Economic Obfuscation” The country did just fine for it’s first 140 years or so before the FED, it’s long past time to get rid of it!                                                                            https://www.zerohedge.com/economics/fed-says-inflation-transitory-it-has-vested-