News for hackers. Stuff that matters.

A comment on Fed raises rates by another 75 bps to fight inflation. Parent comment

Re:Fed raises rates by another 75 bps to fight inflation by time_to_smile on Wednesday September 21, 2022 @04:07PM (#32930820)
Powell has repeatedly, and explicitly stated that softening the labor market is required for fighting inflation and that, while this is not good, it is preferable to the consequences of not fighting it.
[ Parent | on HN ]

There are no comments on this comment yet.