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Fed Hits Pause on Rate Hikes—Again—As Economy Teeters Between Inflation and Recession
Fed Hits Pause on Rate Hikes—Again—As Economy Teeters Between Inflation and Recession
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Markets exhale as Powell & Co. tap the brakes—but is it too little, too late?
Subheader: Central bank caught between rock (runaway prices) and hard place (crushing growth)
With CPI still biting wallets and GDP growth stalling, the Fed’s ’wait-and-see’ approach looks increasingly like a Hail Mary pass. Traders now betting whether the next move will be a cut—or another desperate hold. Meanwhile, Wall Street analysts keep cashing checks either way.
Closing jab: At least someone’s inflation-adjusted bonuses are safe.
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