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Worried about a recession? That's so 2024, Fed staff suggests

Por: MarketWatch Politics January 05, 2023

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The mainstream view on Wall Street is that the sharp rise in interest rates engineered by the Fed in 2022 will push the economy into a recession soon. The Fed staff explained they were hit with a lot of new information in November and December. First of all, economic growth has been stronger than expected. And broad financial conditions were projected to be less restrictive than previously assumed. Specifically, the effects of a higher path for... + full article



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