News Analysis
The Federal Reserve has painted itself into a corner with its fight against inflation, and some experts say it now has no coherent plan for how to get out of that predicament.
The Fed’s Dilemma: Fight Inflation or Save Failing Banks
The more the central bank raises interest rates, the more banks will likely go under
Save
Federal Reserve Board chairman Jerome Powell speaks during an interview by David Rubenstein, chairman of the Economic Club of Washington at the Renaissance Hotel in Washington on Feb. 7, 2023. Julia Nikhinson/Getty Images
Updated:
0:00
