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A comment on Fed increases target rate to 3.75-4.00%. Parent comment

Re:Fed increases target rate to 3.75-4.00% by apropos_g on Wednesday November 02, 2022 @03:31PM (#33441662)
How exactly do rising interest rates reduce demand for food?

How does it reduce demand for gas?

This is what I mean.

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Re:Fed increases target rate to 3.75-4.00% by guyzero on Wednesday November 02, 2022 @05:34PM (#33443214)
Per other commenters less money in the economy reduces aggregate demand. Per previous inflationary periods where interest rates were raised basically by putting people out of work.
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