US faces recessions threat as a soft landing appears almost impossible - The Australian Financial Review

It is optimistic to think that a significant recession will not be needed to curb inflation, as is the belief that one can be avoided.

Some suggest it might be. Alan Blinder of Princeton University and former Fed vice chairman has recently noted that on at least seven of the past 11 occasions, Fed tightening did lead to pretty soft … [+4351 chars]

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