The Fed Does Not Want to Get Blamed, Yes, Y, if They Do

The Fed doesn't want to get blamed if wall street goes south. They sat on their hands too long after the pandemic, and we ended up with supply chain problems because of unexpectedly strong demand. The fed knows what it has to do, and it's not going to be a pleasant job. In reality, they're going to bring ra rates up enough to cool off sagments of the economy that ease inflation pressures.