Sen Warren worried Fed will tip economy into recession
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Massachusetts Democratic Senator Elizabeth Warren is slamming Federal Reserve Chairman Jerome Powell for suggesting interest rates should go up to combat U.S. inflation.
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CNN 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.
Sen. Elizabeth Warren, D-Mass., said on CNN Sunday she’s "very worried" that the Federal Reserve's continued raising of interest rates could force the U.S. into a recession.
Federal Reserve Chair Jerome Powell warned Friday the central bank’s moves to "forcefully" fight inflation by hiking interest rates could cause "below-trend growth."
Fed chair Jerome Powell said in a speech this week that the central bank will raise rates as high as needed and would keep them there “for some time” to bring down inflation.
Massachusetts Democratic Senator Elizabeth Warren is slamming Federal Reserve Chairman Jerome Powell for suggesting interest rates should go up to combat U.S. inflation.
Sen. Elizabeth Warren (D-MA) said she has grown "very worried" that the Federal Reserve's recent interest rate hikes, and potential for future increases, would "tip this economy into recession" in an interview Sunday.
Senator Elizabeth Warren (D-MA) said Sunday on CNN's "State of the Union" that she is "very worried" that the Federal Reserve will "tip this economy into a recession." | Clips
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Sen Warren worried Fed will tip economy into recession | Since Then
