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General discussion => Current events => Topic started by: NewsHound on December 16, 2022, 10:20 AM
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As U.S. Federal Reserve plans to keep rates high, recession fears grow
The Fed is especially worried that a worker shortage in the labour-intensive services sector could keep pay growth high and make inflation more intractable.
Source: As U.S. Federal Reserve plans to keep rates high, recession fears grow (https://globalnews.ca/news/9353602/u-s-federal-reserve-rates-recession-fears/)