2min chapter

Planet Money cover image

The debate over what's causing inflation

Planet Money

CHAPTER

The Market's Lesson Major Sell Off on Wall Street Is the Market Stand in Revolt

In a fed meeting in june, two thousand and 13, drom pow got even blunter. He acknowledged that no kind of action was risk free, but these are his actual words, we've got to jump. The financial press dubbed it the taper tantrum. And this was like the fed had slammed on the brakes when it was only talking about eventually easing up on the accelerator.

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