If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically&nbsp;acceptable levels without any additional tightening, and without a recession.&nbsp; But "hope" is all the Fed has.&nbsp;

Original Article: <a href="https://mises.org/wire/fed-holds-fed-funds-rate-steady-because-it-doesnt-know-what-else-do" target="_blank">The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do</a>

If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession. But "hope" is all the Fed has.{ai:summary}<p>The Fed keeps interest rates unchanged, hoping for acceptable price inflation levels and avoiding a recession. #economy</p>

The Fed Holds the Fed Funds Rate Steady—Because it Doesn't Know What Else To Do

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