Take the following as truth: 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.
Then the following statement: "Since it would take months for higher interest rates 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." is true, false, or inconclusive?