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Explanations needed

Those were simpler though not less dangerous times. The Soviet Union was seen as America’s No. 1 enemy. China had not begun to challenge its position as the world’s most powerful nation. Foreign policy then was mostly nonpartisan.

Powell tells Congress that Fed will raise rates this month

Federal Reserve Chair Jerome Powell is suggesting that the Fed will begin raising rates this month in a high-stakes effort to restrain surging inflation.

Powell tells Congress that Fed will raise rates this month

Federal Reserve Chair Jerome Powell is suggesting that the Fed will begin raising rates this month in a high-stakes effort to restrain surging inflation.

Powell tells Congress that Fed will raise rates this month

Federal Reserve Chair Jerome Powell is suggesting that the Fed will begin raising rates this month in a high-stakes effort to restrain surging inflation.

Powell tells Congress that Fed will raise rates this month

Federal Reserve Chair Jerome Powell is suggesting that the Fed will begin raising rates this month in a high-stakes effort to restrain surging inflation.

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