Inflation Rises, Fed Stands its Ground

By maintaining its benchmark rates for the fourth consecutive time, the Fed has not simply extended a monetary policy. It has taken a stance in a tense economic and political landscape. Stubborn inflation, weakened growth, barely concealed political pressure... The status quo decided on June 18 resembles a statement of intent. Behind the silence of the numbers, a strategy of resistance is taking shape as the central bank finds itself at the heart of an increasingly unstable balancing act. L’article Inflation Rises, Fed Stands its Ground est apparu en premier sur Cointribune.