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I'd reserve judgement until they're done raising interest rates. These things take time to propagate throughout the economy.
by throwaway4aday 4y ago
I'd reserve judgement until they're done raising interest rates. These things take time to propagate throughout the economy.
- brookst 4y agoAnd if one thing’s clear, it’s that even if we aren’t in a recession now, they will absolutely keep raising rates until we are. Unlike the 2008 recession that was a result is mismanagement in the financial sector, this recession is very much an intentional act of monetary policy.