Despite soaring inflation, the Fed keeps the federal funds rate unchanged: Economics
The Fed has taken a long and serious review of the raging inflation in the United States-the highest level since 2008-and has taken decisive action.
Do not. If you investigate what actually “causes” inflation, it is basically some outliers that make the CPI severely upward sloping. These outliers are things to worry about, but they are considered temporary.Basically, if you don’t know anything about economics, the Fed, or how the CPI is calculated, then yes, it sound Afraid. But… there is nothing to worry about. This does not mean that inflation is not a problem, or that it cannot be a problem. It’s simply, immediately, Inflation is not the biggest concern of the macro economy.