Ah yes, another example of what passes for financial and economic reporting from the Democrat Media (CNN, et al.); one or two short paragraphs of numbers with little explanation followed by several paragraphs of talking points straight from DNC press releases. I would have been a pauper if I heeded the policies and predictions of the Democrat Media. Ignore the Democrat Media and prosper.
Isn't this exactly what the Fed action is supposed to do? Slow down a heated economy so that inflation is under control?