'Throwing Americans out of work with a recession is not the solution to fight inflation,' wrote SenWarren.
workers and businesses while doing nothing to push down key drivers of inflation, which has been fueled by supply-chain snags, Russia's war on Ukraine, corporate profiteering, and other factors out of the Fed's control.
"Chair Powell has said that the Fed's rapid interest rate hikes will bring 'pain' for working families and even admitted it won't lower food or gas prices," the progressive senator wrote.in late June, a week after the Fed enacted its largest rate hike in nearly three decades.
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