As the cost-of-living crisis clobbers consumers, 1 April 2022 has been dubbed “Bleak Friday” – not to be confused with Black Friday; financial bargains are a distant memory as households struggle with rising bills across the country.
 Skip: The Fed’s new jargonistic term
By some miraculously novel invention in monetary policy, the Fed might actually choose to neither tighten nor ease, but instead leave rates unchanged.