Catherine Rampell’s latest Washington Post column argued that lower-income people have been hardest hit by inflation, so they will benefit most if the Fed gets inflation under control. The argument is that items that they must buy, like food, gas, and rent, have risen most rapidly in price. Furthermore, since lower-income people tend to already More

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» How Will the Fed’s Interest Hikes Help the Poor? | Dean Baker | radiofree.asia | https://radiofree.asia/2022/09/26/how-will-the-feds-interest-hikes-help-the-poor/ | 2024-05-15T16:46:40+00:00

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