Fed Chairman Powell Wants Higher Unemployment to Stop Inflation

Twitter Thread: Consumer Price Index is 9.1%. year over year. The Fed’s solution is to raise interest rates, killing the economy to bring down. A thread about establishment logic. #CPI 9.1% Fed Chair Powell wants to raise unemployment and lower wages to fight inflation. Recession risk is a lower priority. https://www.marketplace.org/2022/05/12/fed-chair-jerome-powell-controlling-inflation-will-include-some-pain/ But, many sectors of the economy …

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Tom Ramirez | radiofree.asia (2024-05-16T01:20:28+00:00) » Fed Chairman Powell Wants Higher Unemployment to Stop Inflation. Retrieved from https://radiofree.asia/2022/07/13/fed-chairman-powell-wants-higher-unemployment-to-stop-inflation/.

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" » Fed Chairman Powell Wants Higher Unemployment to Stop Inflation." Tom Ramirez | radiofree.asia [Online]. Available: https://radiofree.asia/2022/07/13/fed-chairman-powell-wants-higher-unemployment-to-stop-inflation/. [Accessed: 2024-05-16T01:20:28+00:00]

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» Fed Chairman Powell Wants Higher Unemployment to Stop Inflation | Tom Ramirez | radiofree.asia | https://radiofree.asia/2022/07/13/fed-chairman-powell-wants-higher-unemployment-to-stop-inflation/ | 2024-05-16T01:20:28+00:00

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