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Recession In The Us The Federal Reserve Interest Rate Increase And What We Should Expect(1st Edition)

Authors:

Chris Sullivan

recession in the us the federal reserve interest rate increase and what we should expect 1st edition chris

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ISBN: 979-8842926442

Book publisher: Independently published

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Book Summary: Inflation set a US record high last month. In response, the Fed hiked rates for the fourth time this year. Economists increasingly warn that a recession, or possibly stagflation, is a strong possibility.To prevent runaway inflation, the Federal Reserve hiked the federal funds rate by another 75 basis points. In June, inflation jumped by 1.3 percent, hitting a 12-month rate of 9.1 percent — the highest level of inflation since November 1981, according to the Consumer Price Index survey. This latest rate rise represents the Fed's fourth rate increase of the year."Recession In The U.S?" Explains the hike in interest rate by the Federal Reserve and how this move will affect the US market and its typical citizen and whether this is the only road out.Chris Sullivan, an economist of over 10 years, presents an analysis of what to anticipate from the hike of the interest rate and whether this would protect the US economy from the Recession which she's now going towards.? Click "Buy Now" ? Get informed and prepare for the days ahead

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