2min chapter

The FRONTLINE Dispatch cover image

Age of Easy Money (Full-length Film Audio Track)

The FRONTLINE Dispatch

CHAPTER

The Fed's Easy Money Policy

Rising interest rates in the U.S. and many other countries are intensifying fears of a recession. The Fed is trying to stop inflation, but is the medicine worse than the disease? Lately, it's been raising interest rates at the fastest pace in decades. For most of the past decade, the Fed was keeping interest rates incredibly low.

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