How the Fed Fell Behind on Inflation
July 25, 2022
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4:49Now PlayingHow the Fed Fell Behind on Inflation
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as posted by the channelThe U.S. Federal Reserve pushed through the biggest rate hike since 1994 in June and is poised to raise rates at the fastest pace in a generation. That's because evidence is growing that Chair Jerome Powell and the Fed have fallen well behind on inflation and need to make up for lost time. Fed officials have admitted as much in recent months. This will have a major impact on markets, the economy and everyday Americans.
I'll explain what happened and what the Fed is doing to catch up with inflation.
I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#Inflation #Fed #WSJ
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