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Who controls inflation: The Federal Reserve or President Biden?
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The Federal Reserve raised its federal funds rate by one quarter of a percentage point, in mid-March, after the consumer price index soared to 7.9% in February, reaching a 40-year high. It’s the first increase in borrowing costs since 2018 and it will be one of several hikes this year.
Who's in charge of controlling inflation? The Federal Reserve or President Biden?
Who's in charge of controlling inflation? The Federal Reserve or President Biden?
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