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To: nickcarraway
They should have been more aggressive cutting rates to fight inflation.

You've got it backwards. The Fed raises the prime rate to fight inflation, which Powell has been doing for the past 18 months.

8 posted on 12/14/2023 6:59:43 PM PST by Right_Wing_Madman
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To: Right_Wing_Madman

Sorry, I mistyped. They should have been raising rates more aggressively. They didn’t do enough of it.


12 posted on 12/14/2023 7:06:35 PM PST by nickcarraway
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