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Won’t work. Rates are not the problem. Only thing this will do is cause a recession.
Recessions usually cut inflation.
Thanks Clint. So, by your line of thinking, the Fed is raising rates in hope of a recession because a recession means it has tamed inflation. Got it.
Patrick T. ~ Keep your day job. Macro economics appears not to be your forte.
Patrick- are you trying to tell us Joe and his seasoned appointees don’t know what they are doing? Really? This is the most tenured group of government employees to ever be in charge. More people voted for Joe than Obama and HR Clinton. We must not leave this sinking ship!
Excuse me while the rats pass me. Cowards. Gurgle, gulp..gulp.. please send an SOS to Admiral Rachel Lavine M.D. to right this canoe….
This is all so ridiculous it is approaching incredulity. Biden and his handlers and their policies caused this, PERIOD…and now the Fed is going to try to help carry his water. Insane on so many fronts.
Bob, my advice to Patrick T. (See above) applies to you as well.
Bobby P…. Pretty sure we’re still recovering from your orange god’s reign.