https://www.cnn.com/2023/08/16/econo...ing/index.html
"Fed officials fretted US inflation might not cool further unless economy slows down."
Not sure how they even remotely think inflation is cooling, as I am paying more and more each month for basic necessities.
Not sure how they think they can control inflation, when Jerome Powell himself admitted "we now understand how little we understand about inflation" in 06/2022.