The Neocons have ensnared European political leaders, cleaving the possibility of a peaceful productive rapprochement that might have joined Russia with the European economy and European family.
We’ve gotten back the vast majority of jobs we lost during the pandemic. The economy is almost back to its pre-recession growth path. It would be a mistake for the Fed to aggressively raise interest rates to counteract inflation.
By announcing forthcoming interest-rate hikes at a time when total US employment is still below its 2019 level, the Federal Reserve war on "inflation" is really a war on American workers.