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Morning Joe 7/27/22

Morning Joe

00:00

Is the Fed Pumping the Brakes on the Economy?

The expectation is a 75 basis point hike on normal t v, rea caut a, three fourths of one % rateike. There's some talk thay could go bigger, to all the way to 1%. Whatever they do, it's going to be some of the biggest and most aggressive interest rate hikes in recent american history. You don't want to pump the brake so fat that you make the car stall and get the economy into a recession.

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