The Fed isn't afraid to bring pain 🦅
Jay Powell & Co are 'strongly committed' to tackling inflation 🎈
The Federal Reserve has gotten extra aggressive about fighting inflation.1
On Wednesday, the Fed raised short-term interest rates by 75 basis points to a range of 1.25% to 1.50%. It was the largest increase the central bank made in a single announcement since 1994.
In its policy announcement, the Fed said it was “str…