Fed President Warns of Recession Amid Banking Crisis, Says FOMC Committed to Hammering Inflation

Fed President Warns of Recession Amid Banking Crisis, Says FOMC Committed to Hammering Inflation


The Daily Hodl
2023-04-12 18:41:48

The President of the Minneapolis Federal Reserve Bank is issuing a warning, saying that a recession could be around the corner as a banking crisis puts pressure on the US economy. According to a new report by Reuters, President Neel Kashkari says that even though the Fed’s current tactics to combat inflation could cause a The post Fed President Warns of Recession Amid Banking Crisis, Says FOMC Committed to Hammering Inflation appeared first on The Daily Hodl .