The Federal Reserve has absolutely no idea what it’s doing

The Federal Reserve continues to stumble through interest rate policies seemingly clueless while the US economy barrels ahead. Last month, it slashed interest rates by half a point, cutting the benchmark rate to 4.75%–5%. They called it a “recalibration” of policy due to retreating inflation and slower job growth. Now, the Fed is hedging on […] source: https://www.cryptopolitan.com/the-federal-reserve-has-absolutely-no-idea-what-its-doing/