Fed Seen Aggressively Hiking to 5%, Triggering Global Recession
https://www.bloomberg.com/news/articles/2022-10-28/fed-seen-aggressively-hiking-to-5-triggering-global-recession Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023, moves that seem likely to lead to a US and global recession, economists surveyed by Bloomberg said. …