Chair Powell coolly ignored the whiny senator's attempted grilling regarding the rate hikes to control inflation.
What I would say to her is "there are two jobs for every unemployed person senator, runaway inflation is a disaster for everyone, the Fed's primary role is to control inflation"
What I would say to her is "there are two jobs for every unemployed person senator, runaway inflation is a disaster for everyone, the Fed's primary role is to control inflation"
'You Are Gambling With People's Lives': Warren Rips Powell Over Job-Killing Rate Hikes | Common Dreams
"What would you say to them?" Warren asked the Fed chair of the estimated two million people who could soon be unemployed due to Fed policy. "How would you explain your view that they need to lose their jobs?"
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