Comment by karp773

16 hours ago

What results? Overnight interbank loan rates, yes, immediately. The effect of those rates on the economy? It will take time to propagate. Heck, some important committees only meet like twice a year.

> What results?

Inflation numbers, companies firing, and the magnitude of fictional numbers on financial markets.

Lots and lots of things are slower to react, but those 3 are quite big and hard to ignore.