Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist
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Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well…
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Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While... [[ This is a content summary only. Visit my website for full links, other content, and more!…
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. economy may be headed for a recession. This week, a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…