The Fed's Inflation Battle Intensifies (But There's a Problem)
September 20, 2022
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10:49Now PlayingThe Fed's Inflation Battle Intensifies (But There's a Problem)
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as posted by the channelIn less than 48 hours, the Fed will raise interest rates, again, to try and slow down inflation. This would be the fourth time this year the Fed increases interest rates, all while trying not to destroy the economy in the process. You know the joke about the doctor who comes out to the family and says, the operation was successful, but unfortunately the patient died. The fed can’t afford to send America into a deep recession but it also can’t afford to let inflation run wild, which seems to be a classic catch 22 type of situation.
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