The Federal Reserve’s policymaking committee will get collectively in just a few days, and hypothesis facilities on whether or not the central financial institution will jack up rates of interest yet another time. The financial system has been performing higher than anticipated.
The Fed’s relentless deal with rates of interest is misplaced. Few observers ask the correct query: Does the Fed really know tips on how to combat inflation? The reply isn’t any.
This episode of What’s Forward explains why.
