Today news
About the same in other media
Trio of Former Fed Officials Lament Central Bank’s Actions, See Good Odds of Recession
Reading now: 507
The Federal Reserve waited too long to take on inflation and its response to it will almost certainly trigger a recession, according to three former central bank officials.
“The chances of [Fed officials] achieving a soft landing in this cycle is almost zero, because every time they’ve had to push up the unemployment rate in the past, they’ve also ended up in recession,” William Dudley, the New York Fed’s president from 2009 until 2018, said on Friday.
Read more on wsj.comAbout this in other media
Brazil’s Biggest Neobank Makes Bitcoin Investment & Will Let Customers Buy BTC, Ethereum cryptonews.com /2 years ago
Dallas Fed Names New York Fed Staffer Lorie Logan as President wsj.com /2 years ago
Senate confirms Lisa Cook as first Black woman on Federal Reserve Board cnbc.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Did Litecoin’s [LTC] MWEB upgrade fail to woo investors](https://finance-news.co/storage/thumbs_400/img/2022/5/28/27536_vhc.jpg)
