Senate Banking Committee Chairman Sherrod Brown is expected at Tuesday's hearing to criticize the Federal Reserve's continuous interest rate hikes.
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"[R]aising interest rates certainly won’t stop big corporations from exploiting all of these crises to jack up prices far beyond the increase in their costs," the Ohio Democrat will say, according to the text obtained by Fox News Digital. Excerpts also show he’ll commiserate with everyday Americans struggling with the burden of high prices. Theshows the consumer price index rose by 6.4% from the year prior – higher than economists expected.
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