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#398 w/Allison Schrager - "The Horrible, No Good Economy: A Primer”

The Fifth Column

CHAPTER

Is the Fed Trying to Cool Off the Economy?

The Fed raised interest rates for the first time in nearly a decade. The move has been criticized by many on both sides of the aisle, including Sen. Elizabeth Warren (D-Massachusetts) John Avlon: People should have seen this coming or hedged against it.

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