The fed's mandate is to control inflation. If they don't get it sorted by election time, it's going to bite them in the ass. They are going to use every trick in the book to try and sort it out.

Raising rates is one that they have direct control over. And the Federal Reserve says that raising rates may lead to unemployment.

>The president of the Federal Reserve Bank of Boston said earlier Monday
that the Federal Reserve will have to keep increasing the interest rate
to get inflation down but that would also mean a rise in unemployment.
And as the Federal Reserve does plan to continue the interest rate
hikes, experts project that the national unemployment rate will rise
from 3.7 percent currently, to a median of 4.4 percent next year.

Directly or indirectly, the government is going to remove money supply from the economy by taking away jobs and making people accept low pay again out of desperation.

They aren't done yet.

Which is really goddamn shitty.

The whole objective here is to create a recession. That is how this administration is going to tackle inflation. It's about the only card left to play. You need desperate workers with little cash to drive wages down and thus costs and thus cost of goods.

It would not surprise me if the powers that be in government have gotten in cahoots with the powers that be in industry and said, "Hey, now would be a good time to start trimming some fat from your payrolls."

I have not yet been able to access it. For a while, it said, "busy try again later". Now the page is just down.