idiocracy
Fed Shock: Fed Officials Forecast Higher Rates and Higher Inflation

Fed Shock: Fed Officials Forecast Higher Rates and Higher Inflation

The central bank held the federal funds target at 4.25 to 4.50 percent, its level since the December rate cut. But the accompanying economic projections revealed rising concern that inflation is not receding fast enough—and that rates may need to stay elevated to keep...

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idiocracy