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Why the Fed can't stop prices from going up anytime soon – but may have more luck over the long term

  • Written by: Jeffery S. Bredthauer, Associate Professor Of Finance, Banking and Real Estate,, University of Nebraska Omaha
Why the Fed can't stop prices from going up anytime soon – but may have more luck over the long termJerome Powell has a tough job ahead.Tom Williams, Pool via AP

The Federal Reserve has begun its most challenging inflation-fighting campaign in four decades. And a lot is at stake for consumers, companies and the U.S. economy.

On March 16, 2022, the Fed raised its target interest rate by a quarter point – to a range of 0.25% to 0.5% –...

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