Fed can control inflation, not sure about recession ...Middle East

Daily Sun - News
Fed can control inflation, not sure about recession
WASHINGTON: The Federal Reserve can bring the runaway inflation in the United States under control although there is no guarantee that its rate hikes will not cause a recession, the central bank’s head for the state of Minneapolis, Neel Kashkari, said Thursday.“The Fed understands how to control inflation, but the question is whether we can do so without a recession,“ Minneapolis Fed President Kashkari said during a live-streamed discussion on the US economy, reported Sputnik.The Fed has raised interest rates four times since March, bringing them to a peak of 2.5 per cent from a high of just 0.25 per cent in February. The central bank says it expects to continue with rate hikes until inflati

Hence then, the article about fed can control inflation not sure about recession was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Fed can control inflation, not sure about recession )

Apple Storegoogle play

Last updated :

Also on site :



Latest News