The Fed’s latest attempt to cure a war-driven energy problem by making mortgages more expensive
The Fed’s latest attempt to cure a war-driven energy problem by making mortgages more expensive
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The central bank’s preferred ritual of raising the cost of money to fight an oil spike it can’t touch.
Proof that when your only tool is a demand hammer, every inflation looks like a nail.
The financial equivalent of turning up the thermostat while the house is already on fire.