The Fed says the economy is strong and has signaled several rate hikes beginning in March. Unfortunately, the tools the Fed has are inappropriate to fight a supply induced inflation. The ultimate consequences of their actions could possibly lead to a continuation of today's high inflation levels.
The Fed says the economy is strong and has signaled several rate hikes beginning in March. Unfortunately, the tools the Fed has are inappropriate to fight a supply induced inflation. The ultimate consequences of their actions could possibly lead to a continuation of today's high inflation levels.
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