Explainer: Past Fed hiking cycles, from sanguine to severe, may say little about this one – Reuters.com

Explainer: Past Fed hiking cycles, from sanguine to severe, may say little about this one – Reuters.com

U.S. politicians know high inflation can bring careers in public office to an early end, but it is ultimately up to the unelected officials of the Federal Reserve to control what is considered first and foremost a “monetary phenomenon.”

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Past Fed hiking cycles, from sanguine to severe, may say little about this one

U.S. politicians know high inflation can bring careers in public office to an early end, but it is ultimately up to the unelected officials of the Federal…

Read More…