States where unemployment claims are increasing the most
ASU expert says pausing interest rates could prevent a recession.
In this story published June 8, 2023, on WalletHub:
We know that the Fed is still raising interest rates to fight inflation. As long as they keep their foot on the brakes, there is a risk of a recession. The good news is that there are no definitive signs of a recession right now, but as long as the Fed tries to slow the economy as a way to bring the inflation rate down, the risk is there.
– Daniel Marburger, clinical professor of economics
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