LogFAQs > #965694856

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TopicInflation rose 8.6% in May, highest since 1981
theAteam
06/10/22 10:07:57 AM
#14:


Current interest rate is 0.75%. They had to get rates to 20% to curb inflation in the early 80s. I think 0.25% per quarter might not be cutting it.

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