Politics · 1 sources covering this

Raising rates won’t fix the energy shock — it just makes workers pay twice

History should be the Federal Reserve’s best teacher in September. It has already shown what happens when central banks answer an energy shock with higher interest rates: employment weakens, investment retreats, and policymakers eventually reverse course after families and businesses have absorbed unnecessary damage. The Fed can learn that lesson now, or make working Americans […]

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Washington ExaminerLean R·1d ago
Raising rates won’t fix the energy shock — it just makes workers pay twice
History should be the Federal Reserve’s best teacher in September. It has already shown what happens when central banks answer an energy shock with higher interest rates: employment weakens, investment retreats, and policymakers eventually reverse course after families and businesses have absorbed unnecessary damage. The Fed can learn that lesson now, or make working Americans […]
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Raising rates won’t fix the energy shock — it just makes workers pay twice

How 1 sources are covering this