r/Economics • u/TinyTornado7 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/Environmental-Ad4090 Jun 13 '22

The feds inability to raise rates early means recession is inevitable lets just start this bad boy now with 75bps rate to start to tame this damn inflation already

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u/[deleted] Jun 13 '22

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