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World Socialist Web Site (en) – Fed chief admits rate hikes could bring recession

Jun 242022
 

Rate hikes will do nothing to bring down fuel and food prices, as Powell acknowledged in his testimony to Congress, but are aimed at suppressing the growing wages movement of the working class.

External feed Read More at the Source: https://www.wsws.org/en/articles/2022/06/24/yaxm-j24.html

 2022-06-24

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