#dontfightthefed — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #dontfightthefed, aggregated by home.social.
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In December, most US Fed officials expected to lift rates this year to between 5% and 5.5%, and officials have indicated those projections could rise at their next meeting. https://www.wsj.com/articles/godot-recession-federal-reserve-powell-d50ba71f #inflation #DontFightTheFed #econ
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🤔 #Inflation will be harder to bring down than markets think https://www.economist.com/leaders/2023/02/16/inflation-will-be-harder-to-bring-down-than-markets-think #DontFightTheFed #econ
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“Participants noted that, because monetary policy worked importantly through financial markets, an unwarranted easing in financial conditions, especially if driven by a misperception by the public of the Committee’s reaction function, would complicate the Committee’s effort to restore price stability.”- FOMC #usecon #DontFightTheFed