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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 alienicecream on Wednesday November 02, 2022 @05:25PM (#33443122)
They're trying to reduce the rate of inflation, not "the price of food and gas". Depending on the measure of inflation you're using, food and gas might not even be in that measure.
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