Breitbart Business Digest: The Fed’s Dilemma

Federal Reserve Board Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting in Washington, DC, on November 2, 2022. (Liu Jie/Xinhua via Getty Images)
Liu Jie/Xinhua via Getty Images

Fed Fights the Wind

The Federal Reserve’s attempt to tighten financial conditions has been increasingly embattled by the market’s view of where economic and financial conditions will be.

This week, however, things went the other way. Financial conditions got a great deal tighter even as the banking sector appeared to seize up.

So the Fed’s decision is much more complicated: fight inflation or fight the banking recession?


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