US fiscal policy is undermining the Fed’s efforts to fight inflation
US Federal Reserve Chairman Jerome Powell leaves after a press conference after the Federal Reserve raised its target interest rate by three-quarters of a percentage point in Washington, September 21, 2022.
Kevin Lamarck | Reuters
Inflation remains the number one issue on investors’ minds, with many trying to determine when the continued rise in prices will stop and whether aggressive interest rate increases by the Federal Reserve in an effort to stop the downward spiral will lead to a so-called soft landing for the economy. – Or alternatively, it plunged us into a deep stagnation. In fact, your opinions about the course of inflation will determine your views about the Fed’s future actions – and thus, how you decide to use your money for business.