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Turmoil in Israel prompts new calls for U.S. to cut off bill

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PBS News Hour

How the Fed uses higher interest rates to tame inflation

Interest rates are headed higher again, as the Federal Reserve resumes its fight with inflation. That effort is almost a year-and-a-half old now. At the same time, Fed Chair Jay Powell wants to tame inflation without tipping the economy into a recession. Economics correspondent Paul Solman breaks down the thinking behind the Fed's moves.
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