Since higher interest rates take months to restrain economic expansion, postponing a hike is like waiting to brake a runaway car until it is a few feet from the cliff's edge.
It would be smarter to not postpone anything in that scenario.
mnli hypothesis: It would be smarter to not postpone anything in that scenario. premise: Since higher interest rates take months to restrain economic expansion, postponing a hike is like waiting to brake a runaway car until it is a few feet from the cliff's edge.