Don’t believe the hype: The economy isn’t headed toward a recession, and the Fed isn’t ‘behind the curve’ on interest rates - MarketWatch
5/25/2022 12:00:00 AM2 years 11 months ago
by Brian Bethune
by Brian Bethune
The stock and bond markets may be tumbling, but the economy has been holding up exceptionally well since its emergence from the pandemic shock
Much has been made about an imminent, full-blown recession, triggered by the unwinding of record stimulus by the Federal Reserve and resulting steep correction in stock and bond prices.While the clea… [+13890 chars]
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