What is interesting to me is that many here cling to complication. Straight from the horses mouth in front of Congress, Powell minced no words on whether The Fed's interest rate hikes would tackle CPI inflation for consumers[1].

Powell made it clear that the interest rates may have an effect on durable goods (cars) and asset prices (stocks/real estate). Cars and real estate seem to be complicated, lots of other factors playing into prices right now. But clearly for many asset classes, especially startups, the haircut from higher interest rates has landed.

But outside of that, the price of eggs, gas, coffee, basically no change (and none was suggested to ever occur!).

[1] Video and transcript: https://www.warren.senate.gov/newsroom/press-releases/at-hea...