Elizabeth Warren slams the Fed's Jerome Powell for 'pushing hard to get more people fired' as he continues to aggressively fight inflation

Dec 14 2022 by Business Insider

 
Democrats have proposed other ways to fight inflation without hurting jobs.

Charles Krupa/Associated Press

The Federal Reserve hiked interest rates again today, but not at the same fast pace as past months. Rate hikes are meant to ease inflation — and could increase unemployment and cause a recession. Senator Elizabeth Warren told HuffPost that Fed Chair Jay Powell is pushing to get more people fired.

The nation's central bank might be easing off the gas pedal when it comes to fighting...

Continue Reading Elizabeth Warren slams the Fed's Jerome Powell for 'pushing hard to get more people fired' as he continues to aggressively fight inflation