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Higher Unemployment Rate Looms as the Fed Fights Inflation
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wsj.comFederal Reserve officials are beginning to signal that higher unemployment rates might be a necessary consequence of their efforts to damp inflation by raising interest rates.
This marks a reversal from last year, when their policies provided strong economic stimulus aimed at spurring the labor market’s recovery from the pandemic’s damaging effects.
Read more on wsj.comAbout this in other media
Consumer watchdog eyes crackdown on credit card late fees as inflation threatens to increase them cnbc.com /2 years ago
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