While investors have ramped up expectations of how aggressively the central bank may tighten monetary policy, many are concerned the Fed will not be able to keep the economy afloat as it battles the worst inflation in nearly four decades.
Rocky stock market faces Fed test with eyes on tightening plans
Three major headwinds could undermine America’s chances of continuing its economic recovery that began two years ago. The three headwinds are high inflation, Russia’s invasion of Ukraine, and rapid interest rate rises. Mark Zandi, Chief Economist at Moody’s Analytics, told CNN that the US economy has at least a 33% chance of sliding into a […]
Risk of recession in US rising — Market Business News
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