CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:08:00
Consequence of course is the loss of life, but that's also disrupted lots of other core commodity markets around the world, energy, food, metals, fertilizer, et cetera. all of those things suggest that the risk of recession is higher because it means that inflation is going up, the fed has to act much more aggressively as we've been discussing, and historically when the fed has raised rates in order to get inflation under control, it has accidentally tipped us into a recession. and because they have to raise rates even more today than perhaps they would have liked to had they begun this -- or ...
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