Fed forced to “walk and chew gum” as inflation, bank crises flare
Illustration: Aïda Amer/Axios The Fed has three overarching goals: stable prices, maximum employment and financial stability. Right now, it is failing at No. 1 and risks falling short on No. 3. However, the great dilemma it faces is that its anti-inflation tools work at cross purposes with the ones it uses to prevent a financial … Read more
