Economist Claims Fed’s Rate Increase Targets Wall Street Rather Than Inflation
In a recent interview, a leading economist argued that the Federal Reserve’s decision to raise interest rates is driven more by concerns about financial market stability than by the traditional goal of curbing inflation. The commentator, who has closely followed monetary policy for decades, suggested that the central bank is increasingly attentive to the health of Wall Street, interpreting the la…
Sept. 13, 2026, 1 p.m.