Originally published at: Richard Eskow: Why We (Still) Need a Federal Reserve for the People—Not Wall Street – Progressive Dreamers
Published originally at Common Dreams on March 23, 2023 under Creative Commons CC BY-NC-ND 3.0 license The Federal Reserve raised interest rates by another quarter point yesterday, despite recent bank failures that undermined public faith in the financial system. The Fed, which failed to properly supervise these banks, will now make things harder on working…