“It’s time for the Fed to step back and allow the economy to glide in for the soft landing that everyone wants. Unfortunately, the Fed thinks it can’t do that. It can’t show any weakness. It feels trapped because its policy relies on perceptions of strength, not on actual victories on the battlefield of the economy.
Is there a topic you’d like to see covered in “The 360”? Send your suggestions to the360@yahoonews.com.
I don’t dabble in politics but I’ve read every definition of inflation and interest rate hikes and it makes zero sense. I look at it from a personal view, jobs we’re plenty, prices were good, home prices were the only thing high, so raise the rates, people lose jobs, food is high
... and when she looked in the back of her car, she saw that even though it was her own private property, she would be forced to take it in... for a state inspection!
You trim the fat off the economy. The fat isn't like it has historically been, but some trimming might be in order.