"The Federal Reserve has made it official: The aggressive interest rate hikes of the past 18 months have mostly tamed the inflationary storm that caught policymakers off guard in the wake of the pandemic, while the labor market has largely shrugged off the consistent recession predictions from Wall Street, and GDP continues to expand."

Read this story from "Fortune" for free without being tracked.

https://read.distractionfree.site/fortune/2023/12/14/interest-rate-cuts-timing-wall-street-inflation-fading/

#interest #rate #inflation #Fed #FedChair #JeromePowell #WallStreet

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