Economist Claims Fed Rate Increase Targets Wall Street Over Inflation
In a recent commentary, a leading economist argued that the Federal Reserve's decision to raise interest rates is driven more by concerns about the health of financial markets, particularly Wall Street, rather than by the traditional goal of curbing inflation. This perspective challenges the conventional narrative that the central bank's primary focus is price stability, suggesting instead that t…
Sept. 13, 2026, 1 p.m.