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Expecting the Fed to solve inflation on its own ignores important root causes that the Fed can't touch

Por: MarketWatch Politics September 28, 2022

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This week’s rate hike may not be the last, given its price-stability mandate, the Fed will keep to its standard script, raising rates until translates into a lower core rate.Supply shocks, bloated profits Unfortunately, exclusive reliance on Fed demand management ignores important realities. The current episode owes a lot to supply conditions that have been anything but normal. COVID-19 has thoroughly disrupted manufacturing and reduced labor... + full article



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