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Tag: Fed
The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms
Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed in its quest to tame rapid inflation without causing unemployment to rise…
Inflation is so hot the Fed may have to hike interest rates like it’s 1994
News Friday, March 25th 2022, 12:20 PM CDT Updated: Friday, March 25th 2022, 12:20 PM CDT Justin Sullivan/Getty Images By Matt Egan, CNN Business Inflation is so hot that Wall…