“Federal Reserve officials are beginning to signal that higher unemployment rates might be a necessary consequence of their efforts to damp inflation by raising interest rates,” the Wall Street Journal reports.
“This marks a reversal from last year, when their policies provided strong economic stimulus aimed at spurring the labor market’s recovery from the pandemic’s damaging effects.”
?Political Trivia
Eight moments in political history. Put them on a timeline.
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Five senators. Three bills. Can you guess how they all voted?
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Nine Justices. One case. How did they rule?
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Do you have your finger on the pulse of America?
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Four questions a day.
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A new game every day.