Political Quotes

Elizabeth Warren: “When the Fed raise interest rates, increasing the cost of borrowing money, it becomes more expensive for businesses to…”

On the recordJuly 27, 2022
When the Fed raise interest rates, increasing the cost of borrowing money, it becomes more expensive for businesses to invest in their operations. As a result, employees will slow hiring, cut hours and fire workers, leaving families with less money.
Said by
Elizabeth Warren
Democratic · Massachusetts
Source
msnbc.com

Editor's note · Context

Senator Warren discusses the negative impacts of raising interest rates on employment and family finances.

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