top of page
  • Writer's pictureJoe Carson

Hey Fed---Bank Lending Still Accelerating

Hey Fed, the tightening of monetary policy ain't working. Bank lending to businesses, real estate, and consumers accelerated to a growth rate of 12.1% in December. That's the fastest calendar growth since 2006. If higher rates don't curtail long growth, history would say that the odds of securing a sustained slowdown in cyclical inflation are low. Does that mean that policy rates will have to go even higher to achieve the policymakers' desired outcome of 2% inflation? Uh-oh!.

215 views0 comments

Recent Posts

See All

The Politics of Inflation & The Fed

What is inflation? That should be easy to answer. Inflation should be what people pay for things. However, politics and policy got involved, making things complex and confusing. The government told on


bottom of page