Forbes: Will Federal Reserve Rate Hikes Pull Down Inflation? Probably Not, New Research Shows

By SIMON CONSTABLE

We all know inflation is bad right now. But will the Federal Reserve’s actions have any helpful consequences?

Probably not, new research shows.

“The prevailing view that rate hikes are causative in curbing inflation implies a negative correlation between the two variables,” writes David Ranson, director of research at financial analytics firm HCWE & Co. Read more here.

Federal Reserve, Public domain, via Wikimedia Commons