Why are so many so nonchalant with the higher rate world we're now in?

I believe more relevant than Powell reiterating what the dot plot told us last week was Atlanta president Bostic yesterday afternoon saying "I don't expect rate cut for most of 2024." I'll argue again that higher for longer is more important right now than if the Fed hikes another 25 or 50 bps at this point. 

This was an article I read the other day on B…