Economist Says Fed’s Rate Increase Targets Wall Street, Not Inflation
In a recent interview, a leading economist argued that the Federal Reserve’s upcoming interest‑rate hike is being driven more by concerns on Wall Street than by the traditional inflation narrative. This perspective challenges the conventional wisdom that the central bank’s primary focus is to curb rising consumer prices, suggesting instead that the Fed is reacting to financial‑market dynamics, cr…
Sept. 13, 2026, 1 p.m.