The Fed's Plan to Curb Inflation

Inflation is at a decades long high and this week the Federal Reserve is expected to approve another rate increase to help curb it. WSJ’s Nick Timiraos discusses the thinking behind the strategy and some of the risks it poses. Further Reading: - Jerome Powell’s Inflation Whisperer: Paul Volcker  - Powell Says Fed Must Show Resolve in Fighting Inflation  Learn more about your ad choices. Visit megaphone.fm/adchoices