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by ceejayoz
1247 days ago
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https://www.politico.com/news/2022/03/29/federal-reserve-rec... > Nine times since 1961, the central bank has embarked on a series of interest rate increases to rein in inflation. Eight times a recession followed. The only true “soft landing” — as significant rate hikes with no subsequent slumps are called — occurred in 1994, according to a March 25 report by investment bank Piper Sandler. Not a sterling track record. |
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