3 ms·
In the US, the Fed would normally combat inflation by increasing interest rates. Why have they not done that to any extent this time?
by tamaharbor 5y ago
In the US, the Fed would normally combat inflation by increasing interest rates. Why have they not done that to any extent this time?
- blitzar 5y agoThe Federal Reserve is widely expected to start raising interest rates this week to help tame inflation. And expected to do so 4 more times this year.
- tamaharbor 5y agoBetter late than never, I guess.
- blitzar 5y agoThe fed is reactive not proactive - the thing that the "everyone knew there would be inflation" crowd dont mention; everyone knew there would be runaway inflation every year since 2008 and now they are a f'ing Nostradamus for getting it right on the 14th go.