What the upcoming US recession will look like | by Zatara | The Capital | Jun, 2022

In a US Senate testimony, Federal Reserve Chairman Jerome Powell said it’s “certainly a possibility” that the central bank’s inflation-fighting efforts could lead it to raise interest rates high enough to cause a recession.

It’s not like anyone still needs much persuasion about the risk of a downturn. A few recent headlines from the editors at Bloomberg:

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  • “Musk, Roubini and Goldman Warn of Rising US Recession Risk”
  • “Deutsche Bank, Citi See 50% Recession Chance as Rates Rise”

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