It's a tight-rope. If FED keeps letting the economy run hot, then inflation will never be tamed. If they throw too much cold water on the fire, the economy will constrict and deep recession will occur.
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It's a tight-rope. If FED keeps letting the economy run hot, then inflation will never be tamed. If they throw too much cold water on the fire, the economy will constrict and deep recession will occur.
Definitely a tight rope, I just hope the captain of the ship isn't myopic. Usually they are pretty good at watching the indicators and I hope they continue to call things right. Not a job I would want to have, sleepless nights and lots of ulcers!