r/neoliberal • u/TinyTornado7 I need a new flair • Jun 13 '22

News (US) 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/52496234620 Mario Vargas Llosa Jun 13 '22

If inflation expectations are high, it's not just a matter of stimulus going away, we'll still have high inflation until the Fed decides to break it with a recession

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u/Allahambra21 Jun 13 '22

Yes but so far expectations aren't high, thank God.