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Morning Joe 7/27/22

Morning Joe

00:00

Can the Federal Reserve Do This Without Hurting the Economy?

The question is this, can the fedel reserve do this without damaging the economy? And how much will rateheights matter? Considering, if your rent has gone up, is your landlord going to cut your rent cause of higher rates? Here's the biggest thing that i'm watching, what they call revolving credit. Is it a record high? I guaranteeo your audience knows they're getting notices that their balances, or future spending, those rates are going to go up. Otherwise, even with rising wages, you actually have less buying power.

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