Federal reserve has been aggressively raising interest rates through the spring and summer. It did so again yesterday with a three quarter % rise, as data for june showed inflation continues to rise above expectations. But could the bank now be at risk of overdoing its policy tightening and tipping america into recession? Simon rabinovitch is our Economics editor.
America’s central bank has
raised interest rates by three-quarters of a percentage point—its fourth rise this year. It is walking a fine line between cooling the economy and tipping the country into recession. Scientific results fundamental to more than a decade’s-worth of Alzheimer’s research may have been
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