The Fed will put the economy in a coma if that's what's needed to whip inflation - The Boston Globe

Central bank chairman Jerome Powell intends to break the back of inflation by any means necessary.

As the Federal Reserve drives up interest rates in a high-stakes bid to bring down inflation, more people will be out of a job. Real wages (adjusted for inflation) will stagnate or fall. Businesses w… [+7510 chars]

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