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The devil’s bargain on inflation

Today, Explained

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Economic Inequities: Interest Rates and Black Workers

This chapter examines the economic implications of potential interest rate hikes in the U.S. and their disproportionate effects on Black workers during a recession. It highlights the historical disparity in unemployment rates between Black and white individuals, attributing it to systemic barriers and biases. The discussion questions the adequacy of prevailing economic policies in addressing the unique challenges faced by marginalized communities while navigating inflation and employment stability.

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