Looming Bank Failures Point to More Price Inflation as Real Wages Fall Again

Tags: The Fed, Money and Banks, U.S. Economy

03/22/2023 Ryan McMaken

Even if Powell is sincere in this stated desire to slay inflation with more rate hikes, recent bank failures will put the Fed under enormous pressure to end its rate hikes and to once again embrace easy money to save the banks and Wall Street.

Original Article: “Looming Bank Failures Point to More Price Inflation as Real Wages Fall Again”

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