Opinion: As interest rates rise, the economy may already be descending from its peak - The Globe and Mail
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5/9/2022 12:00:00 AM2 years 11 months ago
by David Parkinson
by David Parkinson
Any time the economic cycle turns downward, there’s some danger that it ends in recession. That’s exacerbated when monetary policy is leaning hard into the descent, as it is now
With central banks aggressively raising interest rates and the word recession suddenly on a lot of lips, everyone is nervously looking at every statistical release for signs that the economy has star… [+5751 chars]
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