February Jobs Report Shows Fed Must Act Aggressively

Inflation will skyrocket if the Federal Reserve does not raise interest rates by at least 50 basis points next week.

Recently released data indicates that the US economy added 678,000 jobs in February. That strong number would be great news if it occurred in an economy with stable prices. But considering the inflation rate is about to jump to double digit levels, the jobs…

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Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.

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Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.