Will The Federal Reserve End Inflation By Causing A Recession?
Look for the Federal Reserve Board’s policy statement on Wednesday, February 1st to help determine whether the inflation crisis ends in a recession.
The Federal Reserve is at the tail end of a historic battle against the worst inflation in several decades. The central bank hiked rates seven times since March 2022 and is expected to raise rates again Wednesday, when its policy statement is released at the conclusion of the Federal Open Market Committee’s monthly two-day meeting.