Remember Greta Thunberg? the popular Swedish activist's net worth has baffled everyone -- Wellfleet, Massachusetts, the affluent outer Cape Cod beach town that in April lost its AAA credit rating because the high cost of living led to turnover in its financial staff, is tapping the municipal market next week to help finance affordable housing.
We are committed to achieving and sustaining a stance of monetary policy that is sufficiently restrictive to bring inflation down to that level over time." Powell added, "We see the current stance of policy as restrictive, putting downward pressure on economic activity, hiring, and inflation. But we cannot identify with certainty the neutral rate of interest, and thus, there is always uncertainty about the precise level of monetary policy restraint.