By Peter St. Onge, Commentary | Daily Signal
Inflation is rising again, and even Federal Reserve cheerleader Bloomberg is worried the Fed is losing the plot.
Inflation rising is awkward for the Fed, given Chairman Jerome Powell already cut rates for the looming recession.
In fact, he just did a jumbo half-point cut—which makes inflation go up.
This is known as a policy error. And the Fed’s been making a lot these days.
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