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106: WaPo Economics Columnist Catherine Rampell

The Al Franken Podcast

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The Fed's Struggles With Inflation

The Fed has this one blunt instrument, which is interest rates and it has a lot of consequences that they can't exactly control. So the challenge for them is figuring out how do we make sure we are credit, like people believe we are committed to stamping out inflation without causing a financial crisis or whatever. And that's a really hard thing to figure out.

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