Sen. Warren very worried the Federal Reserve is going to tip this economy into recession | Fox Business
Sen. Elizabeth Warren, D-Mass., said Sunday she s “very worried” that measures taken by the Federal Reserve to tame inflation are going to put “millions” of Americans out of work.
Well she’s absolutely right to be worried. I’m not sure Powell has any choice at this late stage, however. He’s like the guy who has stayed up late partying and now remembers he has a paper due in a few hours. Of course, in this case, other people are doing the work, so that makes it easier for him, I suppose.
If we have a recession for just one year, I will count us very lucky.