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A comment on US Federal Reserve says its goal is ‘to get wages down’. Parent comment

Re:US Federal Reserve says its goal is ‘to get wages down’ by tyrfing on Saturday May 28, 2022 @04:46PM (#31543680)
What exactly do you think the Fed's lever is here?
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Re:US Federal Reserve says its goal is ‘to get wages down’ by lumost on Saturday May 28, 2022 @04:54PM (#31543754)
It may be a faulty assumption that the Fed has a lever here. The Fed has been very creative in finding ways to meet its mandates while Congress and the rest of the Federal government has been paralyzed. There is no guarantee that the Fed has the right lever for all monetary problems.
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