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Recession Watch: Bear Market Deepens As Fed Official Warns Rate Hikes Will Trigger 'Failures' Around Global Economy

Por: Forbes Business October 08, 2022

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Topline The Federal Reserve's interest rate hikes further tanked the housing and stock markets this week, but signs that the job market may not be cooling quickly enough could mean the economy has much more to lose before decades-high inflation subsides—feeding concerns that a recession may only be inevitable, even if not immediate. There is almost no evidence that inflation has peaked, Minneapolis Fed President Neel Kashkari ... [+] said... + full article



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