Alternative Visions - Fed Turns More Hawkish & Warns Higher Rates & Recession Coming
Alternative Visions

Alternative Visions - Fed Turns More Hawkish & Warns Higher Rates & Recession Coming

2022-12-19
This past week’s Federal Reserve latest rate hike forewarns financial market investors in no uncertain terms the Fed is prepared to raise rates further, longer and higher in order to reduce inflation in 2023, even if it means more likely and deeper recession. Dr. Rasmus reviews the statements of Fed chair Powell and debunks the Fed’s forecast for inflation and (GDP) in 2023. Fed plans to raise base interest rates to 5.1% in 2023, reducing CPI prices to around 4% (vs. 7-8% so far) while slo...
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