{"id":29720,"date":"2023-10-26T10:29:42","date_gmt":"2023-10-26T10:29:42","guid":{"rendered":"https:\/\/isafespend.com\/personal-finance\/banking\/how-much-harm-will-the-federal-reserve-inflict-when-it-meets-next-week\/"},"modified":"2023-10-26T10:29:44","modified_gmt":"2023-10-26T10:29:44","slug":"how-much-harm-will-the-federal-reserve-inflict-when-it-meets-next-week","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=29720","title":{"rendered":"How Much Harm Will The Federal Reserve Inflict When It Meets Next Week?"},"content":{"rendered":"<div>\n<div class=\"article-body fs-article fs-premium fs-responsive-text current-article font-body color-body bg-base font-accent article-subtype__masthead\">\n<p><strong>The Federal Reserve\u2019s<\/strong> policymaking committee gets together in a few days, and speculation centers on whether the central bank will jack up interest rates one more time. The economy has been performing better than expected.<\/p>\n<p><fbs-ad position=\"top\" progressive=\"\" ad-id=\"article-0-top\"><\/fbs-ad><\/p>\n<p>The Fed\u2019s relentless focus on interest rates is misplaced. Few observers ask the right question: Does the Fed actually know how to fight inflation? The answer is no.<\/p>\n<p>This episode of What\u2019s Ahead explains why.<\/p>\n<\/div>\n<div class=\"sigfile article-body fs-responsive-text font-body\"><span>Follow me on\u00a0<\/span><a rel=\"nofollow noopener\" class=\"color-link\" href=\"https:\/\/www.twitter.com\/steveforbesceo\" target=\"_blank\">Twitter<\/a>.\u00a0<span>Send me a secure\u00a0tip<\/span>.\u00a0<\/div>\n<div class=\"bottom-contrib-block\">\n<div class=\"fs-author-group-wrapper\">\n<div class=\"contrib-byline\"><\/div>\n<p><fbs-cordial type=\"Follow\" natural-id=\"blogAuthorId\/blog\/author\/576\" author-slug=\"steveforbes\" page-position=\"bottom\"><\/fbs-cordial><\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/steveforbes\/2023\/10\/26\/how-much-harm-will-the-federal-reserve-inflict-when-it-meets-next-week\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve\u2019s policymaking committee gets together in a few days, and speculation centers on whether the central bank will jack up interest rates one more time. The economy has been performing better than expected. The Fed\u2019s relentless focus on interest rates is misplaced. Few observers ask the right question: Does the Fed actually know<\/p>\n","protected":false},"author":1,"featured_media":29721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[],"class_list":{"0":"post-29720","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banking"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Much Harm Will The Federal Reserve Inflict When It Meets Next Week? | iSafeSpend<\/title>\n<meta name=\"description\" content=\"The Federal Reserve\u2019s policymaking committee gets together in a few days, and speculation centers on whether the central bank will jack up interest rates\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/isafespend.com\/?p=29720\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Much Harm Will The Federal Reserve Inflict When It Meets Next Week? 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