WASHINGTON, Sept 21 (Reuters) - The Federal Reserve’s aggressive drive to bring inflation down to its 2% target will take years to complete and come at a cost of notably higher unemployment and slower economic growth, according to projections from policymakers published on Wednesday that cast doubt on prospects for a so-called “soft landing.”
will take years to complete and come at a cost of notably higher unemployment
The opposite of what is required.
The goal should be to put everyone to work, not give everyone free money. Free money = inflation.