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Caroline Baum: Powell preaches patience, but these economists predict recession
Business economists predict the Fed will raise rates until it bites. Federal Reserve Chairman Jerome Powell told senators on Tuesday that the Fed won’t strangle the economy with higher interest rates, but some economists clearly don’t believe him. They seem to think the Fed will quickly run out of “patience” and throw the economy into
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Posted: February 27, 2019 Wednesday 09:12 AM