Economist Says Fed’s Rate Increase Targets Wall Street, Not Inflation
In a recent commentary, a leading economist argued that the Federal Reserve’s decision to raise interest rates is driven more by concerns over financial markets than by the traditional goal of curbing inflation. The analyst emphasized that the central bank’s policy stance reflects a desire to rein in speculative excesses on Wall Street, ensure the stability of the banking system, and prevent a re…
Sept. 13, 2026, 1 p.m.