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Morgan Stanley Says 27% Chance of a Recession, up From 5% in March

CIO Lisa Shalett said high inflation means the Fed has to move quicker to tame it. But there is concern the Fed could tip the economy into recession. ....

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'Very Very High Risk' of Recession for the US, Former Goldman CEO Says

Blankfein, currently senior chairman at the Wall Street banking giant, praised the Federal Reserve and said it had the ability to avert a recession. ....

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Inflation Outlook: Prices Keep Rising and the Fed May Get Tougher

Some market watchers believe there's a case for the Fed to act even tougher on rates to cool down stubbornly high inflation. ....

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Stock Markets Today: Global Stocks up on Fed's Powell Comments

Federal Reserve chair Jerome Powell downplayed the chances of larger interest rate hikes ahead, giving equity investors some comfort. ....

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El-Erian Says Fed Must Be "Brutally Honest" and Open to Larger Hikes

Wednesday's consumer price index report did not show a much hoped-for cooling of inflation in April, putting pressure on the Fed. ....

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