The Fed's rate hikes are damaging the economy November 01, 2022, 11:03:15 PM The Fed's rate hikes are damaging the economy[html]Although we know that monetary policy takes a long time to have its full effect on the economy, the Federal Reserve's rate hikes are already causing considerable economic damage and financial market stress both at home and abroad.[/html]Source: The Fed's rate hikes are damaging the economy (http://ht**://www.cnn.c**/2022/11/01/opinions/fed-interest-rate-hikes-economy-recession-lachman/index.html) Quote Selected