“The target of the rate hikes was to reduce inflation. Unchecked inflation might have also seriously eroded consumers’ buying power, so the rapid pace of price expansion could have slowed anyway,” she states. But acknowledging the crisis will constrain lender lending and weaken the economic system and inflation, Fed officials https://altbookmark.com/story15467204/the-single-best-strategy-to-use-for-mortgage-rate-hikes