Home World News Asia and Pacific Recession in US Possible as Fed Thinks Inflation Target Will Hit by...

Recession in US Possible as Fed Thinks Inflation Target Will Hit by 2025 – Powell

Recession in US Possible as Fed Thinks Inflation Target Will Hit by 2025 – Powell

WASHINGTON (Sputnik) – A recession in the United States is not certain but still possible as the Federal Reserve’s target of returning inflation to 2% per year via interest rate hikes might not be achieved until 2025, Chairman Jerome Powell said on Wednesday.

Sputnik News

South Africa Today – World News – Asia and Pacific