Rick Roberts: Is The Federal Reserve A Co-Conspirator In High Inflation?

The Fed raised interest rates by 75 basis points in an ongoing effort to combat high inflation. Raising interest rates makes it more expensive to borrow and is meant to slow down the economy, but the Fed has to be careful to avoid sparking the very recession it’s trying to prevent. Some say we’re already in a recession (don’t say that to Joe Biden!). Former Trump economist Steve Moore says the Fed are co-conspirators in high inflation. He explains what he means right here on The Rick Roberts Show on NewsTalk 820

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