Sen. Elizabeth Warren (D-Mass.) on Sunday argued that the Federal Reserve should stop hiking interest rates in an effort to control high inflation. “I do not think he should raise rates,” Warren said of Federal Reserve Chair Jerome Powell on NBC’s “Meet the Press.” “I've been in the camp for a long time that these extraordinary rate increases that he has taken on these extreme rate increases are something that he should not be doing.” Powell and the central bank have been under scrutiny after upping interest rates to try and bring down inflation. In recent days, the central bank has also come into focus after the failure of Silicon Valley Bank and New York’s Signature Bank. The
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