With inflation at a 40-year high, the Federal Reserve continues to raise interest rates even as the economy shows signs of slowing. On Tuesday, Aug. 2 at 1:00 p.m. ET, Loretta J. Mester, president of the Federal Reserve Bank of Cleveland, joins Washington Post global economics correspondent David J. Lynch to discuss the Fed’s plan to tamp down on inflation and the concerns that it could induce a recession.
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