a Better Bubble™

Aggregator

The Fed needs to avoid panicking over inflation

2 years 7 months ago
The Wall Street Journal says the Fed is likely to react harshly to recent news about price levels: A string of troubling inflation reports in recent days is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected 0.75-percentage-point interest-rate increase at their meeting this week. Before officials began their premeeting quiet ...continue reading "The Fed needs to avoid panicking over inflation"
Kevin Drum