Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession | News, Sports, Jobs
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep […]