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3232Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy
https://www.digit.info/fed-chair-powell-says-very-premature-to-pause-interest-rate-hikes-economist-warns-it-will-crash-economy/
Thu, 03 Nov 2022 01:05:52 +0000https://www.digit.info/2022/11/03/fed-chair-powell-says-very-premature-to-pause-interest-rate-hikes-economist-warns-it-will-crash-economy/Read more]]>Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rate hikes and QT will only succeed in crashing the economy, not bringing down inflation.” Fed Chair Powell Says ‘Very Premature’ to Talk […]
Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rate hikes and QT will only succeed in crashing the economy, not bringing down inflation.” Fed Chair Powell Says ‘Very Premature’ to Talk […]