Age of Easy Money (Full-length Film Audio Track)
The FRONTLINE Dispatch
00:00
The Impact of Higher Interest Rates on Inflation
Higher interest rates slower growth and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses. Some people have said your kind of interest rates are almost like a hammer, a sledgehammer. Can these problems be solved with a scalpel or you really do believe that you need to bring the hammer down to some extent? Well, here's the thing. I would love to be able to bring it with a scalpel.
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