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Markets plunge amid fears of sharply higher interest rates

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Wall Street has gone into meltdown mode over inflation fears and the possibility that higher interest rates are imminent. The Dow Jones Industrial Average, NASDAQ and the S&P 500 all fell significantly. It is now officially a bear market, down more than 20 percent from its January high. Julia Coronado, MacroPolicy Perspectives president and former Fed economist, joins Judy Woodruff to discuss.

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Category
U.S. & Canada
Tags
U.S. recession fears, bear market, biden administration inflation
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