The Fed Can’t Reduce Inflation by Winging It

The Labor Department last week confirmed what you already knew: inflation is way too high. You may still be wondering what the Federal Reserve’s plan is to bring it down. You’re not alone. The Fed doesn’t seem to know either.

For the past year, the Fed has taken rate adjustments from meeting to meeting, focusing on minor differences about what it might do next. Meanwhile, prices continue to rise. The economy now faces a serious risk of persistently high inflation. To avert such a catastrophe, the Fed needs a systematic strategy — including contingency plans — and it needs to explain to everyone what that strategy is. The Fed Can’t Reduce Inflation by Winging It

Alley Einstein is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button