How Much Harm Will The Federal Reserve Inflict When It Meets Next Week?

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Oct 26, 2023,06:00am EDT|

The Federal Reserve’s policymaking committee gets together successful a fewer days, and speculation centers connected whether nan cardinal slope will jack up liking rates 1 much time. The system has been performing amended than expected.

The Fed’s relentless attraction connected liking rates is misplaced. Few observers inquire nan correct question: Does nan Fed really cognize really to conflict inflation? The reply is no.

This section of What’s Ahead explains why.

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Steve Forbes