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The Economic Outlook For Federal Reserve Policy

Por: Forbes Business September 24, 2022

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The Federal Reserve is in the spotlight again this week with another interest rate hike to try and squash the inflation beast. Prices are rising just over 8% year-over-year, while wages are rising at a 5% annual rate, a losing proposition for workers and consumers. The Fed has been raising interest rates this year to slow spending. These rate hikes have resulted in higher mortgage rates, but general consumer spending remains solid and that’s a... + full article



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