June 21, 2021

The Real Cause Of Higher Prices.

The Real Cause Of Higher Prices.

Last week we had the conclusion of the two day meeting of the Fed's Open Market Committee Meeting. The committee which sets short term interest rates, as well as establishing monetary policy.
 
It was a meeting which shook Wall Street, as the Fed suggest...


Last week we had the conclusion of the two day meeting of the Fed's Open Market Committee Meeting. The committee which sets short term interest rates, as well as establishing monetary policy.

 

It was a meeting which shook Wall Street, as the Fed suggested that they are willing to raise interest rates, in other words, tighten monetary conditions, in response to the spate of higher prices currently surging through the economy.