Fed's next decision could throw 'Americans out of work': Elizabeth Warren

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Fed's next decision could throw 'Americans out of work': Elizabeth Warren
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The Fed's big decision this week could 'be devastating for our economy' and throw 'Americans out of work,' Elizabeth Warren says

But Powell cautioned the June pause is no indication that the hikes are over.

Still, Warren and some of her Democratic colleagues have been critical of Powell's continued rate hikes. During a Senate hearing in March where Powell testified on monetary policy actions, Still, Powell has warned Americans are likely in for more hikes this year as the Fed continues its war on inflation.

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