Does the Fed Have What It Takes to Tame Inflation?

WSJ Opinion: Potomac Watch - A podcast by Paul Gigot, The Wall Street Journal

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Faced with 8.6% inflation, the Federal Reserve raises interest rates by 75 basis points, the largest increase since 1994. But instead of acknowledging Washington's mistakes, Joe Biden continues to blame oil companies and Vladimir Putin for rising prices at the gas pump. Plus, Donald Trump's influence is tested by this week's primaries in South Carolina, as the GOP flips a Hispanic district in Texas.   Learn more about your ad choices. Visit megaphone.fm/adchoices