Powell to the people: The Fed raises rates
The Intelligence from The Economist
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Is the Fed Going to Avoid Recession?
Any time the fed raises rates aggressively, it leads to a recession. The better news is that there's reason to think that if there is a reception, it will be a relatively mild one. But ultimately, the biggest concern for the economy is that inflation is allowed to get out of control. At that point, the fet is going to have to tighten even more aggressively.
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