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Recession Watch: Economic Outlook ‘Darkening’ As Experts Worry Fed Could 'Break' Markets

Por: Forbes Business October 01, 2022

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Topline Consumer spending continued to show signs of cooling this week, and the Federal Reserve's favorite inflation metric came in hotter than expected just one day after officials doubled down on their attempts to cool inflation by slowing down the economy—making more experts warn it will inevitably take a recession to temper rising prices. Federal Reserve Board Chairman Jerome Powell speaks at a news conference.AFP via Getty Images Key... + full article



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