Fed's Rate Hikes Likely to Cause a Recession, Research Says
Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of inflation in 40 years without causing a recession? Not according
Source: theyeshivaworld.com
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Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of inflation in 40 years without causing a recession? Not according
Frederic Mishkin and four other economists say Fed rate hikes could spark an economic downturn.
Such an "immaculate disinflation" has never happened before, economists say.
When inflation begins to rise, the Fed responds by raising interest rates. Over the past year, they have aggressively raised rates.
Such an "immaculate disinflation" has never happened before, economists say.