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Carl Rosen: Interest rate hikes will not address the cost-of-living crisis for American workers

Por: Chicago Tribune Opinion September 22, 2022

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For most working people, the Federal Reserve Board is an obscure government institution, seemingly far removed from our lives. Yet when it meets on Tuesday and Wednesday, it is poised to raise interest rates yet again — a decision that could throw millions out of work and cause untold misery for the working class. Since the beginning of the year, the Federal Reserve Board has increased interest rates four times, two of those times by 0.75%,... + full article



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