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Fed’s Own Economist Warns of “Severe Recession” From Chair Powell’s Rate Hikes

Federal Reserve Chair Jerome Powell, a registered Republican who thinks wages are too high, insists he won’t cause a deep recession but that “pain” is necessary to fight inflation. Full story: https://theintercept.com/2022/09/09/recession-federal-reserve-inflation-interest-rate-hikes/


Federal Reserve Chair Jerome Powell, a registered Republican who thinks wages are too high, insists he won’t cause a deep recession but that “pain” is necessary to fight inflation. Full story: https://theintercept.com/2022/09/09/recession-federal-reserve-inflation-interest-rate-hikes/

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