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Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession

Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession
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United statesUnited kingdomNew yorkJon steinssonJohn williamsKrishna guhaPreston muiKathy bostjancicJerome powellTim duyCongressional budget officeEuropean central bankUniversity of californiaFederal reserve bankFederal reserveEmploy america

Federal Reserve nears victory over historic inflation, defying predictions of recession

The cost of goods such as used cars, furniture and appliances has fallen for six straight months.

United statesUnited kingdomNew yorkKrishna guhaKathy bostjancicPreston muiJerome powellJon steinssonTim duyJohn williamsCongressional budget officeUniversity of californiaFederal reserve bankEuropean central bankFederal reserveEmploy america

Fed on the Cusp of What Some Thought Impossible

Many believed defeating inflation would require a surge in unemployment and a deep recession.

United statesUnited kingdomNew yorkJerome powellJohn williamsTim duyKathy bostjancicPreston muiJon steinssonKrishna guhaEuropean central bankCongressional budget officeFederal reserve bankUniversity of californiaFederal reserveEmploy america

Fed on the Cusp of What Some Thought Impossible

Many believed defeating inflation would require a surge in unemployment and a deep recession.

United statesUnited kingdomNew yorkKathy bostjancicJon steinssonPreston muiJerome powellTim duyKrishna guhaJohn williamsUniversity of californiaFederal reserve bankCongressional budget officeEuropean central bankFederal reserveEmploy america

Fed on the Cusp of What Some Thought Impossible

Many believed defeating inflation would require a surge in unemployment and a deep recession.

United statesUnited kingdomNew yorkJon steinssonJohn williamsPreston muiTim duyKathy bostjancicKrishna guhaJerome powellCongressional budget officeUniversity of californiaEuropean central bankFederal reserve bankFederal reserveEmploy america