The US central bank is aiming for its soft landing that avoids recession, but the data and competing policy choices will make it difficult.
- Associate Professor of Economics, Gonzaga University
With Donald Trump absent again, Republican presidential hopefuls took potshots at each other but agreed that Bidenomics isn’t cutting it.
The Fed said it’s pausing its aggressive rate-hiking campaign as it collects more data on the impact.
The Fed’s decision to raise rates is likely to put more pressure on regional banks, which will make it harder to avoid a recession.
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