The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do | Ryan McMaken

The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do | Ryan McMaken

Mises Institute

If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession. But "hope" is all the Fed ha…

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