The Fed has hiked rates enough and’really, really should pause,’ according to top economist Paul Krugman. But he doubted the Fed would pause its rate hike regime, as central bankers are trying to restore lost credibility. It means the Fed is running the risk of overtightening the economy and going ‘a bit too far,’ he warned. The Fed is ‘running the risk’ of ‘overightening’ the economy, Paul Krugman warns of a ‘bit too far’ in raising rates, the economist says. The Federal Reserve has raised interest rates in the past two years and is expected to continue to do so in the near future. The market is set to open on Tuesday for the first time this year. The first time it has been open to the public for more than a year. . . .
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