Tag: Fed

Warren: Fed chief threatening ‘surprisingly strong economic recovery’

Sen. Elizabeth Warren (D-Mass.) writes in a new op-ed that Federal Reserve Chairman Jerome Powell’s efforts to control inflation risk “triggering a devastating recession” and jeopardizing the country’s “surprisingly strong” post-pandemic economic recovery.  “Rising costs are an urgent problem, and interest rates play a key role in maintaining price stability. But urgency is no excuse […]

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