US recession a growing fear as Fed plans to keep rates high
Written by Black Hot Fire Network on December 16, 2022
WASHINGTON (AP) — After scaling 40-year highs, inflation in the United States has been slowly easing since summer. Yet the Federal Reserve seems decidedly unimpressed — and unconvinced that its fight against accelerating prices is anywhere near over.
On Thursday, stock markets buckled on the growing realization that the Fed may be willing to let the . . .