Has Powell and Co ushered in a possible recession?

[Mac1958]

Ride it through, look for good buys....as with all recessions......

And, bingo.

 

[Toddsterpatriot]

Correct. The Fed and the post COVID supply chain shock being the proximate cause of inflation.........not Biden.

Biden's inflationary mega spending projects and the Fed keeping rates too low for too long
to help Biden. And then keeping up QE.

 

[WEATHER53]

I’ve been saying for over a year that he is a Fauci type. Punitive by nature and trying to control that which he can’t. I still can’t find where it’s their legally obligated mission to keep inflation at 2%. Much like Covid, they made that up.

 

[LordBrownTrout]

Of course it matters who gets blamed. We have an election in a few months. The Biden admin has been falsely blamed for inflation and now it will be blamed for the economic slowdown brought about by high interest rates.

Orange man and the cryptkeeper were both to blame for inflation. They dropped 5 trillion covid trinkets to the public. It was a massive sugar high and then the nosedive.