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Should the Federal Reserve continue raising interest rates to fight inflation? Using your knowledge of expansionary and contractionary monetary policies, and considering the economic circumstances

Should the Federal Reserve continue raising interest rates to fight inflation? Using your knowledge of expansionary and contractionary monetary policies, and considering the economic circumstances surrounding the COVID-19 pandemic where inflation is high and the economy is down, discuss whether the government uses contradictory monetary policies to reduce inflation. What is the cost of using contractionary monetary policy in today's economy

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