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A comment on Rate Hikes Are Affecting the Economy. Parent comment

Re:Rate Hikes Are Affecting the Economy by rootusrootus on Wednesday November 02, 2022 @01:04PM (#33439207)
> Dropping the interest rate was unnecessary and caused more harm to vulnerable class than good by increasing inflation.

If the fed's interest rate shenanigans are to blame for inflation, why is it affecting every other country in the world too?

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Re:Rate Hikes Are Affecting the Economy by adrr on Wednesday November 02, 2022 @01:46PM (#33439973)
Because other national banks did the same thing. EG: National Bank of England dropped their rate to 0.1%
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