Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This

https://www.wsj.com/articles/inflation-jobs-fed-recession-economy-11650294297?mod=hp_lead_pos9 The Federal Reserve is setting out to do something it has never accomplished before: reduce inflation a lot without significantly raising unemployment. Central bank officials think it is possible with calibrated interest rate increases that slow booming demand just …

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EU To Embargo Russian Oil Next Week

Via ZeroHedge Update (13:15 ET): What was largely a theoretical modeling exercise until moments ago, is set to go live because Reuters reports that the EU is set to declare a full embargo on Russian oil after this weekend’s French election: …

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Obama IV?

JUST IN: President Biden has told former President Obama that he is planning to run for reelection in 2024, two sources tell The Hill. — Election Wizard (@ElectionWiz) April 19, 2022