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Fed Authorizes Biggest Interest Rate Hike In 22 Years To Fight Inflation Amid 'Violent' Stock Selloff Jonathan Ponciano Forbes Staff May 4, 2022,02:10pm EDT Given

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Fed Authorizes Biggest Interest Rate Hike In 22 Years To Fight Inflation Amid 'Violent' Stock Selloff Jonathan Ponciano Forbes Staff May 4, 2022,02:10pm EDT Given what you know about the transmission mechanism, describe the impact of this interest rate hike on consumption and investment. How will this ultimately lead to reaching the targeted inflation determined by the central bank

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