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A comment on Fed hikes rates by 0.25 point despite recent turmoil in the banking sector. Parent comment

Re:Fed hikes rates by 0.25 point despite recent turmoil in t... by roflyear on Wednesday March 22, 2023 @06:14PM (#35267765)
Primarily rate increases don't even correlate with less borrowing (meaning less credit) so how can they correlate with something ten steps down the line, being inflation?!
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