The Fed and Jerome Powell’s Big Problem Just Got Even More Complicated

Federal Reserve Chair Jerome Powell finds himself in a place no central banker wants to be: working to avert a credit crunch, which calls for looser monetary policy, while fighting high inflation, which demands the opposite.

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Source: https://www.wsj.com/articles/fed-jerome-powell-big-problem-more-complicated-ba27ece4?siteid=yhoof2&yptr=yahoo