The Federal Reserve is expected to raise interest rates again on Wednesday. The question is: Will this be enough to finally tame inflation? WSJ’s Nick Timiraos tells us about the fight between two camps of economists who are at odds about what will help – or hurt – the economy.
Further Reading:
-Why the Fed Isn’t Ready to Declare Victory on Inflation
-The Real Fed Debate This Month: What Would Prompt a Rate Hike This Fall
-Last Mile of the Inflation Fight Will Be the Hardest
Further listening: