The Fed Wants to Continue Its Experiment ‘for Longer’

null Sept. 27, 2023 3:39 pm ETRegarding your editorial “The Federal Reserve’s Dotted Line” (Sept. 21): No one seems to remember how we got unexpectedly high inflation. The Fed decided to let inflation run above its target for longer, and it got out of control. Now the Fed is going to keep rates higher for longer than needed to control inflation? Apparently, the bank runs in March and the billions in unrealized losses on bank balance sheets aren’t enough to teach the Fed that unanticipated consequences of monetary bullying “for longer” are real.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Continue reading your article witha WSJ subscriptionSubscribe NowAlready a subscriber? Sign InSponsored OffersTurboTax: Save up to $15 with TurboTax coupon 2023The Motley Fool: Epic Bundle - 3x Expert Stock RecommendationsH&R Block Tax: 15% OFF DIY Online Tax Filing Services | H&R Block CouponTop Resume: Top Resume Coupon: 10% Off professional resume w

A person who loves writing, loves novels, and loves life.Seeking objective truth, hoping for world peace, and wishing for a world without wars.

Opinion Sep 28, 2023 Add to Reading List

The Fed Wants to Continue Its Experiment ‘for Longer’

null

Sept. 27, 2023 3:39 pm ET

Regarding your editorial “The Federal Reserve’s Dotted Line” (Sept. 21): No one seems to remember how we got unexpectedly high inflation. The Fed decided to let inflation run above its target for longer, and it got out of control. Now the Fed is going to keep rates higher for longer than needed to control inflation? Apparently, the bank runs in March and the billions in unrealized losses on bank balance sheets aren’t enough to teach the Fed that unanticipated consequences of monetary bullying “for longer” are real.