Thursday, February 17, 2022

The Fed is setting out to kill inflation. Brace for collateral damage

The Fed is setting out to kill inflation. Brace for collateral damage-politico:  American wages are surging at the fastest clip since 1983, driven by a booming economy and intense competition for workers. Now, that momentum is in danger of being crushed as the Federal Reserve faces mounting pressure to fight an all-out war against inflation.