Ex-Fed insider: A full-blown recession is ‘almost certainly’ coming

Ex-Fed insider: A full-blown recession is 'almost certainly' coming

The problem is that the Fed started its quest to rein in inflation late, leaving the central bank with no choice but to slam on the brakes on the economy by slashing interest rates. “It is almost certain that there will be a full-blown recession. If we’re not at one yet, I think we will …

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