Yes but the Fed made it worse. Focusing too much on interest rate increases to stop inflation puts strain on people’s wallets.
Senator Warren was right on when she questioned Jerome Powell on why the interest rates had to be increased. Powell was aloof and ignorant about the impact on consumers.
Yes but the Fed made it worse. Focusing too much on interest rate increases to stop inflation puts strain on people’s wallets.
Senator Warren was right on when she questioned Jerome Powell on why the interest rates had to be increased. Powell was aloof and ignorant about the impact on consumers.
Yes, and she also criticized him for being willing to cause 2 million people to lose their jobs, but that didn't end up happening. The Fed didn't do perfect work, but their soft landing was a hell of a lot better than most of us expected - probably even them.
Certainly the Fed has had a tough job in trying to deal with financial markets and inflation, which has been problematic for the first time in ages.
Given there are still jobs being added per month instead of contraction, this will likely help the economy in terms of both the companies and the labor market.
Yes but the Fed made it worse. Focusing too much on interest rate increases to stop inflation puts strain on people’s wallets.
Senator Warren was right on when she questioned Jerome Powell on why the interest rates had to be increased. Powell was aloof and ignorant about the impact on consumers.
Yes, and she also criticized him for being willing to cause 2 million people to lose their jobs, but that didn't end up happening. The Fed didn't do perfect work, but their soft landing was a hell of a lot better than most of us expected - probably even them.
Certainly the Fed has had a tough job in trying to deal with financial markets and inflation, which has been problematic for the first time in ages.
Given there are still jobs being added per month instead of contraction, this will likely help the economy in terms of both the companies and the labor market.
Yep.