Target Firms With Strong Free Cash Flow Before a Recession Hits
While the Fed just raised interest rates by 50 basis points following an upbeat inflation report, many still believe a recession is nigh.
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While the Fed just raised interest rates by 50 basis points following an upbeat inflation report, many still believe a recession is nigh.
The Fed hiked rates by 50-bps in line with expectations, but the lagged effect of accelerated tightening is catching up with the economy.
In this week's FOMC meeting, the Fed will likely raise rates by 50 bps, and follow up with another rate hike next month.
The Federal Reserve enacted its seventh consecutive interest rate hike this year as it attempts to cool inflation without triggering an economic recession.
US CPI data eased to 7.1% for the month of November, coming in at the lowest in 12-months, and below expectations of 7.3%.