Stories >> Economics
Allison Schrager: Fed’s Credibility Can’t Take a Soft Landing
If it doesn’t want to push the economy into recession, the central bank will probably have to abandon its 2% inflation target. Someone is in denial over inflation — either investors or Federal Reserve policymakers. But no matter how things play out, the disconnect suggests the Fed has lost its credibility. Or perhaps it never had it to begin
Click to Link
Posted: March 1, 2023 Wednesday 06:00 AM