Why the Fed's Tight Rate Stance Damages the Economy

Why the Fed’s Tight Rate Stance Damages the Economy

10/09/2023 Frank Shostak

In the wake of bad news on inflation, the Federal Reserve is pushing up interest rates. However, a Fed-induced higher rate is not the same as an interest rate decided by the market.

Original Article: Why the Fed’s Tight Rate Stance Damages the Economy

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