Salem Radio Network News Sunday, August 7, 2022

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Economy is caught in awkward, painful, confusing place

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The U.S. economy is caught in an awkward, painful place. A confusing one, too. Correspondent Ken Lormand reports

 

TAG: The Federal Reserve is trying to douse the inflationary flames with higher interest rates. That’s making borrowing more expensive for households and businesses. The Fed hopes to slow the economy just enough to curb inflation without causing an extended recession.

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Michael Ramirez
Sun, Jul 31, 2022

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