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Fed rate hikes are 'hurting the situation,' Sen. Bernie Sanders says

Por: MarketWatch Business October 17, 2022

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“That is not what we should be doing. This inflation thing is a real issue. It is a global issue. But at a time when working families are struggling when the people on top are doing phenomenally well, I don’t think you go after working people,” Sanders said, . Sanders also said he would not raise interest rates any higher. The Fed has raised rates by 75 basis points at its past three meetings, to a current range between 3.00% and 3.25%,... + full article



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