Monday, September 26, 2022

Recession: Is the US heading into an ‘ugly’ downturn?

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The Fed has said it won’t hesitate to keep interest rates high, for as long as it takes to drive down inflation. With the US central bank preparing to show it won’t flinch in its resolve to lower prices, the process is unlikely to be smooth. If it raises rates by too much, the economy could plunge into recession. Raise them by too little and inflation continues to soar.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: BBC News

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