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Raising Interest Rates Isn't Central Planning Either

Original: Raising Interest Rates Isn’t Central Planning Either

A National Review commentary argues that raising interest rates should not be dismissed as central planning. The piece pushes back against criticism, often from libertarian quarters, that central bank rate hikes amount to government control of the economy, defending monetary tightening as a legitimate market-oriented policy tool.

Why now: Ongoing debate over central bank policy and inflation has renewed arguments about whether rate hikes constitute government intervention.

National ReviewFederal Reservecentral banks

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