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Fed Relies on Dubious Data to Chart Economy’s Course

Posted on the 25 July 2022 by Phil's Stock World @philstockworld

Officials are gearing up for another supersized interest rate hike that's likely to send the economy and markets through convulsion, without a clear line of sight at their target, heightening the risk that they'll do either too much or too little. Federal Reserve chief Jerome Powell has vowed to ...

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