Notices tagged with fomc
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LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1@nu.federati.net)'s status on Wednesday, 15-Jun-2022 19:42:11 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} More on the #Fed rate hike. https://www.usatoday.com/story/money/2022/06/15/fed-interest-rates-hike/7631195001/ [www usatoday com]
!econusa
I think Powell's misanalysis of the causes of the current inflation spike may very likely cause the Federal Reserve's #FOMC (Federal Open Market Committee) to raise rates too much and too late, tipping the economy into recession.