U.S. Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it. Increasingly, it seems, doing so might require the one painful thing the Fed has sought to avoid: A recession. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/fed-s-aggressive-rate-hikes-may-raise-likelihood-of-recession-in-u-s-1.5949361
Fed’s aggressive rate hikes may raise likelihood of recession in U.S.
