“Fed’s Kashkari: 40% chance of needing ‘meaningfully’ higher rates”

“A “soft landing” for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also a 40% chance that the Fed will need to raise interest rates “meaningfully” to beat inflation…”

https://finance.yahoo.com/news/feds-kashkari-60-chance-soft-145338473.html

Don’t trust people who say their goal is to cause recessions [The Fed]. That means their goal is to force a percentage of the population to loose their job. This should seem obvious but the economy does not matter if a person can’t pay their bills.

Since the Fed’s goal is to bankrupt the middle class by stealth, everyone should brace for the “40%” chance of a horrible outcome. If the Fed really wanted to stop inflation they’d stop the printing presses. That’s what created the inflation in the first place.