Today news
About the same in other media
10.08 - 22:45
U.S. Risks Deeper Downturn If Fed Has to Fight Inflation Alone
Reading now: 830
After the 2008 financial crisis, the U.S. relied heavily on the Federal Reserve to stimulate growth, leading to a frequent quip that monetary policy had become the “only game in town.”
Now, high inflation is fanning fears this is true again but in the opposite direction: Washington risks relying excessively on the Fed to lower inflation by reducing demand rather than have other policy makers work to increase the economy’s capacity to supply more goods and services or workers.
Read more on wsj.comAbout this in other media
Long-term unemployment tumbles to its pre-pandemic level, helping to 'mitigate the risks of labor-market scarring' cnbc.com /1 year ago
Jobs Report Bolsters Biden’s Message, but Inflation Makes Economy a Hard Sell wsj.com /1 year ago
Kwarteng attacks Bank of England with inflation predicted to hit 13% theguardian.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
