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The FED is not trying to push unemployment, they just accept it as a cost to curb inflation which is always enemy number one. Interests rates and unemployment a
by mohamedattahri 4y ago
The FED is not trying to push unemployment, they just accept it as a cost to curb inflation which is always enemy number one. Interests rates and unemployment are correlated; you make borrowing more expensive, people invest less and become more conservative, often by trimming.
EDIT: Fixed correlation sign.
- CapstanRoller 4y agoSame energy as "the gunman wasn't trying to push violence, he just accepted it as a cost of firing his gun wildly into a crowd"