What should the Federal Reserve focus on right now — fighting inflation or supporting jobs and growth?
The Federal Reserve's preferred inflation gauge showed core prices rose 3.3% from a year earlier in July, above the Fed's 2% target.
Discussion (2)
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Their job is both.
I think their job has more to do with the welfare of their major “old money families” shareholders, which does not necessarily align with the general welfare of all of us “common herd folks