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Will the Federal Reserve Hit Its Year-End Inflation Target?

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Will the Federal Reserve Hit Its Year-End Inflation Target?
The Marriner S. Eccles Federal Reserve building in Washington, on Jan. 25, 2022. Stefani Reynolds/AFP via Getty Images
Robert Genetski
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Commentary

After driving inflation to double-digits, the Federal Reserve has been adamant about monetary restraint to restore price stability. Can the Fed succeed? If so, at what cost?

Robert Genetski
Robert Genetski
Author
Robert Genetski is a public speaker, author, columnist, and one the nation’s leading economists. He has taught economics at the University of Chicago’s Graduate School of Business and NYU. His latest book is “Rich Nation, Poor Nation: Why Some Nations Prosper While Others Fail.” Genetski’s website is ClassicalPrinciples.com.
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