The U.S. central bank has two mandates: price stability and maximum employment. Right now, prices arenโt stable, with inflation running well above the Fedโs 2% goal. Meanwhile, the unemployment rate is still low and employers are adding over 300,000 jobs per month. Thatโs great news for job seekers but, perversely, something that could fuel inflation, raising pressure on the Fed to take even stronger action.That spells potential trouble for markets like stocks and crypto.
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too
