Re:Why the Fed wants corporate America to have a hiring freeze
by s1artibartfast on Sunday May 29, 2022 @07:11PM
(#31553787)
The current thought is that current inflation is driven more by consumer demand than supply shortage. That is to say, consumers have a lot of cash and are buying more goods than are available.
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Re:Why the Fed wants corporate America to have a hiring freeze
by SantalBlush on Monday May 30, 2022 @12:11AM
(#31555403)
Right. So increasing rates should begin to entice more people to save their money instead of spending it, thereby cooling demand. We just haven't yet reached that point with the current rate hikes, apparently.