Is the road to recession paved with $7 lettuce?
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The Saturday Paper the Whole Story
Inflation currently at five%, but b a char philip low, says it could reach as high as seven % by the end of the year. That would be the highest interest rate we've seen since 19 90, when itl hit seven point three %. The only real tools to control inflation interest rates. Well, they also slow the economy down, and they can make a recession more likely. We're dealing with huge forces that are putting our economy in a really precarious position. I think we need to be really careful in how we react to it.
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