Economists Warn of Severe Recession as Fed Continues Raising Interest Rates to Fight Inflation

Posted on November 2, 2022
In 75 basis points, 75 bps, Economic Downturn, Economics, Fed Chair Jerome Powell, Fed raising rates, fed rate hikes, Federal Reserve, Inflation, Recession, severe downturn, severe recession, US economy

Economists Warn of Severe Recession as Fed Continues Raising Interest Rates to Fight Inflation A growing number of economists have warned about a severe recession in the U.S. if the Federal Reserve keeps up its fight against inflation. “Each adverse development in the outside world implies the Fed is going to have to do more in order to bring the situation under control,” said one economist. Economists Warn of […]
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