The Federal Reserve’s decision to scale back rate hikes at their last two meetings will be “looked at as an historic mistake because that refueled inflation,” Breitbart Economics Editor John Carney told larry_kudlow’s eponymously named FoxBusiness show.
The Federal Reserve’s decision to scale back rate hikes at their last two meetings will be “looked at as an historic mistake because that refueled inflation,” Breitbart Economics Editor John Carney said in an interview Wednesday on Larry Kudlow’s eponymously named Fox Business show.
This resurgence, Carney noted, “follows the Federal Reserve’s decision to step down the pace of rate hikes—a policy choice that increasingly looks like it was a mistake.” “Only 20 percent of people or so say there’ll be fewer jobs six months from now. Jay Powell has said he wants there to be a lot fewer jobs six months from now. So yeah, it should be 100 percent of Americans because the Fed is not going to rest until there are fewer jobs.”
“What does the semiconductor industry or onshoring the semiconductor industry have to do with daycare centers?” Kudlow asked.
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