Saturday, December 31, 2022

Will the Fed blink in 2023? Will Congress throw more fuel on the fire?

Will the Fed blink in 2023? Will Congress throw more fuel on the fire?

In the final week of 2022, we Americans can foresee two significant economic risks in 2023. The first one is a probability that the Federal Reserve will get weak-kneed and stop raising interest rates before inflation is truly under control. The second risk is that Congress will continue to spend and borrow money irresponsibly.


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