Recession and Depression – Page 34

Why the Fed Is Risking a Recession

Home sales are flagging and the rest of the economy is expected to slow, maybe sharply, as rates increase. Why is the Federal Reserve doing this?

Home sales are flagging and the rest of the economy is expected to slow, maybe sharply, as rates increase. Why is the Federal Reserve doing this?

Mr. Galloway, an outspoken N.Y.U. professor, speaks with DealBook about the crypto crash and what Silicon Valley will look like on the other side.

The selling was fueled by persistently high inflation and fears that the Fed’s efforts to tame it with higher interest rates will choke growth.

Its fight against inflation could very well cause a recession.