2min chapter

WSJ Opinion: Free Expression cover image

Is There a Financial Crisis in our Future?

WSJ Opinion: Free Expression

CHAPTER

Introduction

This week is a financial crisis in our future. Could these very conditions be sowing the seeds of financial distress? The Federal Reserve raised interest rates again last week after a year of sharp rate hikes. One major financial institution now thinks the Fed funds rate could go as high as 6% this year, up from zero a year ago and still just below five right now.

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