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March 17, 2022

Richard Curtin discusses how the war in Ukraine could affect the Federal Reserve

Surveys of Consumers University of Michigan

Richard Curtin joined WXYZ’s 7 UpFront segment to discuss how the war in Ukraine could affect the rise in interest rates and how consumers will respond:

I think that the issue here is how it will affect purchases. Well, you know, the main story that consumers will get from this release is that they expect interest rates to continue to rise throughout this year and perhaps throughout next year as well.