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Fed is expected to push forward with more interest rate hikes despite fear that battle against inflation risks economic damage

Por: The Boston Globe Politics December 14, 2022

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WASHINGTON — The Federal Reserve’s war on inflation is set to enter a more complicated phase on Wednesday with greater risks for the economy — and for the central bank’s own credibility — as it tries to push prices down without causing large job losses.Inflation appears to have peaked after a series of aggressive interest rate hikes by the Fed this year designed to tamp down the demand that has pushed prices so high. The latest signal... + full article



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