Alaskan Ice Cream, Economy, James Hong
CBS News Sunday Morning with Jane Pauley
00:00
Is the Fed Raising Rates to Cool the Economy?
In most recessions, you don't have a soft landing. The fed tightens and jobs are lost. We're starting from a different place. There's more jobs, and there are people to fill those jobs. What the fed is doing is trying to beat back inflation.
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