Economist reacts to Fed’s interest rate hike, inflation

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OAN NEWSROOM
UPDATED 1:11 PM PT – Thursday, June 16, 2022

The Federal Reserve recently announced the biggest interest rate hike since 1994. One America’s Stephanie Myers spoke with the former chair of the White House Council of Economic Advisers and economist at the University of Chicago, Dr. Tomas Philipson about the matter.

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