Officials are trying to understand why consumer spending, the job market and overall growth have not responded to the most aggressive interest rates in decades.

  • hydrospanner@lemmy.world
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    1 year ago

    It’s also vastly easier for the Fed to adjust interest rates than for Congress to adjust taxes.

    Hell, it took them weeks to elect a speaker, could you imagine a debate over taxes!

    • rifugee@lemmy.world
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      1 year ago

      it took them weeks to elect a speaker

      And the best they could come up with is Mike fucking Johnson.