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'Soft landing' unlikely as Fed tries to get grip on inflation, says former Treasury Secretary Robert Rubin

Por: MarketWatch Politics October 13, 2022

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Rubin, who served as a top White House economic adviser to President Bill Clinton before heading the Treasury Department from 1995 to 1999, said he was worried that an economic contraction or recession would hit the “least well off” hardest and lamented the lack of a stronger social safety net. But the Fed, which had been behind the curve, has little choice but to pursue a path of aggressive monetary policy tightening in its effort to wring... + full article



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