The Fed 'Really, Really Should Pause' Rate Hikes: Paul Krugman
"My view is that the Fed has probably done enough already," Krugman said, warning the central bank could "go a bit too far" to restore credibility.
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"My view is that the Fed has probably done enough already," Krugman said, warning the central bank could "go a bit too far" to restore credibility.
"It seems to be that we're in a bottoming process. I think that the market has certainly discounted a great deal of what the Fed is going to do."
A Fed pivot from aggressive rate hikes is coming - and the central bank needs to stop flinching at rising stock prices, Fundstrat's Tom Lee said.
"This economy has one foot in the grave ... It really looks like it could get pushed into recession, and I just don't see the reason why."
The Federal Reserve may raise the policy rate to 5% to get a grip on sky-high inflation, according to Deutsche Bank economists.