How to help the Fed and avoid a recession ...Middle East

Inflation exceeded 7 percent on an annual basis in November. And that was good news — the lowest monthly figure since December 2021. After a sluggish initial response to the uptick in prices, the Federal Reserve has responded aggressively. At its last meeting, the Fed’s Open Market Committee raised short term interest rates to 4.5 percent (the rate was 0 percent at the beginning of the year), with a forecast that rates will continue to rise well into 2023 — even though it recognizes that the rapid hikes risk bringing us a recession, high unemployment and stock market crashes. While the Fed’s doomsday interest rate response is understandable (its mission is to fight inflation), it begs

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