The bank’s aggressive rate-raising could lead to a recession.
Tag: Interest Rates
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Fed officials, spooked by data, fretted in June about inflation becoming entrenched.
Central bankers raised rates by the most since 1994 last month, and minutes from the gathering explained their logic.
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Inflation Is Posing 19 Problems for One Central Bank
After more than a decade of worrying about low inflation, the European Central Bank is trying to tackle the problem of high inflation across the eurozone’s economies.
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Wonking Out: Taking the ‘Flation’ Out of Stagflation
The trench seems to have recovered its anchor, or something.
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Highest Mortgage Rates Since 2008 Housing Crisis Cool Sales
As the Federal Reserve tries to fight high inflation, costly mortgage rates have begun to price people out of the housing market.