Are we heading into a recession? Experts say yes, despite market rally
Despite the market rally, most economists still forecast a mild recession next year as the Fed continues to raise interest rates to curb inflation.
Source: usatoday.com
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Fed watchers put 'finger in the air' and see rate peak above 5%
Powell said the goal was to be sufficiently restrictive to bring inflation back down to2%
Source: gulfnews.com
Employee productivity: Workers' output per hour has been weak
Bosses are using cross-training and automation to reverse sagging worker productivity. Success could tame rising inflation and higher interest rates.
Source: usatoday.com
Fed hikes interest rate by 0.75%: Live updates on inflation
The Federal Reserve hiked its interest rates by 0.75 percentage point to fight inflation. The aggressive hikes risk igniting a recession.
Source: publicopiniononline.com
Stock Market News Today: S&P 500 Falls Ahead of Fed Policy Announcement
Job vacancies unexpectedly climbed in September while the Fed has been working to slow down the labor market to cool inflation.
Source: businessinsider.com