silence7@slrpnk.net to

News@lemmy.worldEnglish · 3 days ago

Prices in the U.S. Are Rising at the Fastest Pace in Years | Officials at the central bank have embraced the possibility of higher interest rates to get resurgent inflation under control.

www.nytimes.com

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Prices in the U.S. Are Rising at the Fastest Pace in Years | Officials at the central bank have embraced the possibility of higher interest rates to get resurgent inflation under control.

www.nytimes.com

silence7@slrpnk.net to

News@lemmy.worldEnglish · 3 days ago

nytimes.com

www.nytimes.com

Higher interest rates lower inflation by tossing people out of work so that they can’t afford to buy stuff. Things can get worse.

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