Buckle up, America: the Fed plans to boost unemployment sharply

Buckle up, America: the Fed plans to boost unemployment sharply

In case the US economy isn’t hurting enough already, the Federal Reserve has a message for Americans: It’s going to get a lot more painful. Fed Chairman Jerome Powell made that clear this week when the central bank forecast its benchmark rate to hit 4.4% by the end of the year, even if that causes …

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