Economist Says Federal Reserve’s Rate Increase Targets Wall Street, Not Inflation
In a recent interview, a well‑known 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 expert highlighted that the central bank’s policy moves are increasingly reflecting the pressures and dynamics on Wall Street, where asset valuations, credit conditions, a…
Sept. 13, 2026, 1 p.m.