(Photo by Samuel Corum/Getty Images) Getty Images main sockets The Fed is expected to raise interest rates by 0.25% today, bringing the target to 4.75%. Inflation is already showing signs of slowing, so the Fed now risks rising interest rates causing a recession The changing global economic landscape means that the Federal Reserve may need … Read more
font size The money supply is declining in absolute terms. Additional tightening by the US Federal Reserve risks triggering a recession, writes Robert Heller. El Drago/Bloomberg About the author: Robert Heller He is a former member of the Board of Governors of the Federal Reserve System. Inflation is the most important issue facing the economy … Read more
A man pumps gas at a gas station in the Brooklyn borough of New York, US, December 13, 2022. Michael Nagel | Xinhua News Agency | Getty Images The December monthly drop in CPI brings the Fed a step closer to beating inflation, though it’s unlikely to signal policy easing any time soon. The main … Read more
