Soaring inflation, rising energy and housing costs, and recent stock selloffs are causing economists and communities across the country to wonder what the economic future holds.
The U.S. Federal Reserve is attacking a major issue in the economy: inflation. Inflation hit a 40-year high in the first quarter of 2022 and the Fed has been raising interest rates to try and fight back.
Virtually all economists agree with the Federal Reserve taking action to lower inflation, but some worry raising interest rates too much or too fast could cause a recession.I think that If a recession comes, it's not going to be a depression. I don't think it's going to be like 2008 and 2009 where it was catastrophic. I think it will be awful for people that lose jobs.
France Dernières Nouvelles, France Actualités
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