The Federal Reserve Fell Asleep

By Guest Column -- Donald Moskowitz—— Bio and Archives--July 1, 2022

Letters to the Editor | Comments | Back To Full Article

As a Babson MBA graduate I am highly disappointed with the Federal Reserve's very late recognition of the runaway inflation impacting our country. Inflation is running at 8.5% compared to a year ago, and the Federal Reserve (Fed) only started to increase interest rates in March 2022 to try to reach its target of 2.0%.How did we reach this debacle?

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