Taming inflation through rising rates ripples through economy

Last updated on July 26th, 2022 at 12:06 pmAt a high level, it is easy to understand what the Federal Reserve is attempting to do by raising interest rates. Inflation has skyrocketed and the Fed’s decision to raise interest rates should cool demand from consumers, ideally bringing inflation under control without pulling the economy into

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.