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The Federal Reserve is the rest of the world’s problem

Por: The Hill Business September 27, 2022

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In 1971, at the time when the United States , Treasury Secretary John Connally that the dollar was “our currency but your problem.” Today, he might have said something similar about the Federal Reserve’s recent shift to a hawkish monetary policy stance. The Fed’s raising interest rates at the fastest pace in 30 years, as well as its move to an unprecedented pace of quantitative tightening, might serve the U.S. well in its fight against... + full article



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