The Fed has no other choice. Raising rates is the only thing they can do.
Eventually, it will cause people to buy less big ticket items.
Houses, cars, boats. Take less vacations. Choose what they are going to spend their money on.
“Eventually, it will cause people to buy less big ticket items.
Houses, cars, boats. Take less vacations. Choose what they are going to spend their money on.”
Resulting in a big jump in unemployment and possibly deep recession.
The Fed giveth. The Fed taketh away. May the name of the Fed be shamed.
BS. Destroying the young's start at life to save the old? F that. You wander why the young don't have kids?????