Things are only getting harder for the Fed

The Fed faces trade-offs in deciding on its rate policy next week amid rising inflation, global debt, and a weaker China.

March 18, 2023 . 8:53 PM

1 min read

Fed and other financial leaders acted decisively to prevent the Silicon Valley Bank collapse from becoming systemic.
Unlike in 2008, inflation is still running hot, and global debt has skyrocketed.
Ultra-low borrowing rates cannot be counted on this time around due to various factors.
China's weaker position will not allow it to hold up global growth during the next recession.
The Russian war in Ukraine is a continuing supply shock that accounts for a significant part of the inflation problem.