Inflation likely peaked but Fed can still cause damage: BlackRock exec - Markets Insider

Philipp Hildebrand says cooling prices down will come at a hefty cost for the Fed, which could land the country in "deep recession territory."

Inflation has likely peaked, but that doesn't mean the Federal Reserve and other central banks can reign prices back into their target levels without causing significant economic damage, BlackRock … [+1362 chars]

full article...