The Fed Is ‘Attempting Something Unprecedented’ as It Navigates Massive Inflation Drop

The U.S. Federal Reserve is currently “attempting something unprecedented,” as inflation in the country has dropped by a whopping 5.8% over the last two years – the largest drop since the 1980s – to stand at 2.4% in September. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the drop […] source: https://www.cryptoglobe.com/latest/2024/10/the-fed-is-attempting-something-unprecedented-as-it-navigates-massive-inflation-drop/