US National Retail Federation (NRF): “Balance Between Inflation And Interest Rates Key To Avoiding Recession”
It’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession; however, continuing interest rate hikes increase the likeliness, according to the National Retail Federation’s (NRF) Chief Economist Jack Kleinhenz in the January Issue of the NRF’s Monthly Economic Review. [NRF Economist Sees Balance Between Inflation And Interest Rates Key To Avoiding Recession – FDRA]
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