Why the Fed can't stop prices from going up anytime soon – but may have more luck over the long term
- Written by Jeffery S. Bredthauer, Associate Professor Of Finance, Banking and Real Estate,, University of Nebraska Omaha
Jerome Powell has a tough job ahead.Tom Williams, Pool via APThe Federal Reserve has begun its most challenging inflation-fighting campaign in four decades. And a lot is at stake for consumers, companies and the U.S. economy.
On March 16, 2022, the Fed raised its target interest rate by a quarter point – to a range of 0.25% to 0.5% –...
