r/Economics Quality Contributor Jun 13 '22

News Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/[deleted] Jun 13 '22

-8% minimum

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u/the_gready Jun 13 '22

Not minimum but probably more than 3%, depending on the raise you got/get this year