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Fed's Brainard warns higher interest rates will further slow US economy

Por: Fox Business Business October 10, 2022

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Former White House Office of Management and Budget Director Russ Vought says the Biden administration has made the Federal Reserve's job 'worse.' Federal Reserve Vice Chair Lael Brainard on Monday reiterated the U.S. central bank's plan to continue tightening monetary policy until there is clear evidence that inflation has slowed down, warning the U.S. economy will likely slow further as a result of elevated interest rates.... + full article



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