That was President Joe Biden's message on Tuesday as the US -- already in the throes of a turbulent economic year --braces for a pivotal week. Here's what you need to know about this week's consequential Federal Reserve meeting on Tuesday and Wednesday and why it matters. The central bank overdoes it, slowing the economy so much that it accidentally sparks a recession that drives unemployment higher. If the upcoming midterm elections become a referendum on the economy, for example, Democrats have a big problem on their hands. Indeed, a growing chorus of analysts believe the Fed acted too late on inflation to engineer a soft landing.

Source: CNN June 15, 2022 11:50 UTC