Published 2 years ago

Senator Warren worries that Fed will tip U.S. economy into recession

Summary by Ground News

Sen. Elizabeth Warren (D-Mass.) on Sunday said she is very worried that the Federal Reserve will tip US economy into a recession. Chairman Jerome Powell announced the bank would keep raising interest rates in an effort to combat inflation. Warren said that while inflation is high, the nation has seen strong job growth and low unemployment numbers. "Do you know what's worse than high prices and a strong economy? It's high Prices and millions of people out of work," Warren said.

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Reuters

Senator Warren worries that Fed will tip U.S. economy into recession

Democratic U.S. Senator Elizabeth Warren said on Sunday that she was very worried that the Federal Reserve was going to tip the nation's economy into recession and that interest rate hikes would put people out of work.

2 years ago·United Kingdom

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CNN

Warren slams Jerome Powell over interest rate comments: 'I'm very worried that the Fed is going to tip this economy into recession'

Democratic Sen. Elizabeth Warren of Massachusetts on Sunday slammed Federal Reserve Chairman Jerome Powell for suggesting interest rates should go up to combat inflation in the US, saying he could "tip this economy into recession."

2 years ago·Atlanta, United States

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KRDO

Warren slams Jerome Powell over interest rate comments: 'I'm very worried that the Fed is going to tip this economy into recession'

By Daniella Diaz and Devan Cole, CNN Democratic Sen. Elizabeth Warren of Massachusetts on Sunday slammed Federal Reserve Chairman Jerome Powell for suggesting interest rates should go up to combat inflation in the US, saying he could “tip this economy into recession.” “I am very worried about this because the causes of inflation — things

2 years ago·Colorado Springs, United States

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KVIA

Warren slams Jerome Powell over interest rate comments: 'I'm very worried that the Fed is going to tip this economy into recession'

By Daniella Diaz and Devan Cole, CNNDemocratic Sen. Elizabeth Warren of Massachusetts on Sunday slammed Federal Reserve Chairman Jerome Powell for suggesting interest rates should go up to combat inflation in the US, saying he could “tip this economy into recession.”“I am very worried about this because the causes of inflation — things like the fact that Covid is still shutting down parts of the economy around the world, that we still have suppl…

2 years ago·Panama City, United States

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The Hill

Warren says she is ‘very worried’ Fed will ‘tip this economy into a recession’

Sen. Elizabeth Warren (D-Mass.) on Sunday said she is “very worried” that the Federal Reserve will “tip this economy into a recession” after Chairman Jerome Powell announced…

2 years ago·Washington, United States

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