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https://www.cnn.com/2023/07/26/econo...nal/index.html "The Fed hikes interest rates by a quarter point and hints at another increase this year" “At the margins, stronger growth could lead over time to higher inflation and
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07-26-2023, 06:27 PM
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https://www.cnn.com/2023/07/26/econo...nal/index.html
"The Fed hikes interest rates by a quarter point and hints at another increase this year" “At the margins, stronger growth could lead over time to higher inflation and that would require an appropriate response for monetary policy,” Powell said. He also said that core inflation remains “pretty elevated.” This coming from the same person that said, “We now understand better how little we understand about inflation.” |
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