This is the same FED who said "inflation is temporary" and then hiked rates like krazy.
I'm not saying this is proof that they won't hike rates, just that what they say should be heavily discounted.
They might just pivot on a dime.
What I find interesting is that literally everyone is saying that FED is wrong.
Like find me anyone outside FED that says: yeah, rising rates is good.
Granted, many people who comment (wall street) have self-interest in rates being low but I don't think there's any notable economist who isn't critical of FED.