Fed's Tightrope Walk: Inflation vs. Jobs
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Federal Reserve faces a challenging decision as they conclude their two-day meeting, weighing the potential impact of a war in Iran on inflation and employment. With oil prices surging and gas prices soaring, the Fed must balance the need to combat inflation against the necessity of supporting jobs and growth. The economy shows signs of strain, with inflation barely down and job growth stalling. The Feds updated projections today will reveal the tightrope they must walk, with no clear path on interest rates in sight.
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