[TomGuy]

So when inflation threatens to potentially destabilize the dollar, it's the Fed's job to spring to action.

And they are going to spring at their next meeting, or the following one, or maybe later.

After all, springing is hard work.

[entropy12]

I am guessing the FED will increase rates at next meeting by 1/2% max. They are taking the path of least resistance instead of the difficult and unpopular decision to increase rates enough to make a difference.