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On The Money — Powell warns of deeper pain from rate hikes

Por: The Hill Politics September 24, 2022

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The Fed hiked interest against and the risks of an economic downturn are rising. We’ll also look at Republican divides over spending, another dip in home sales and a small bump in gas prices.  But first, what to know about the New York attorney general’s lawsuit against   , and . Someone forward you this newsletter? Powell: Fed hikes will likely boost unemployment   Federal Reserve Chair Jerome Powell said Wednesday he expects the U.S.... + full article



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