Federal Reserve risks recession by raising interest rates - PBS NewsHour

The Federal Reserve is expected to raise interest rates again this week by three-quarters of a point. Fed Chair Jerome Powell has made it clear he wants to substantially curb the rate of inflation. But there are serious concerns the Fed could overreact and ti…

Paul Krugman: Well, the Fed was wrong, too. I mean, if there was a — there wasn't a whole lot of air between my views about the future inflation in early 2021 and those of the Fed. And we all — the… [+1123 chars]

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