Is the Fed Fighting Inflation? Kind Of

Is the Federal Reserve and Jerome Powell actually fighting inflation like they keep telling the public they will? Kind of… thanks to some new data that is publicly available to us all, we can track their movements and see just how serious they, actually, are about what they tell us in the headlines. As of now, their actions are not really matching their words. Let me share with you this economic data via a simple line chart that illustrates exactly what I mean.