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The Fed begins to tighten: Prelude to a recession?
The Fed raised interest rates for the first time in over three years, with the focus on slowing down inflation. Nationwide's Chief Economist David Berson and Deputy Chief Economist Bryan Jordan provide their perspectives on the Fed’s actions….can it slow down inflation…how could it impact economic growth…and what’s the outlook for additional tightening ahead...and could it lead to a recession? [NFM-20130AO.26]
The skinny
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