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Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy

Post author:MiamiCrypto
Post published:November 3, 2022
Post category:Economics Fed Chair Jerome Powell Fed Chairman fed pivot Federal Reserve inflation interest rate hikes no Fed pivot no pivot pausing rate hikes Peter Schiff QT rate hikes rate hikes crashing economy rate hikes inflation Recession very premature rate hikes

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…