Where the Comment is King

THE NEWS COMMENTER

VOTE  (0)  (0)

Hard to get 'inflation down' without causing a recession, Harvard economist warns

Added 05-13-22 10:04:02pm EST - “Harvard University economics professor Kenneth Rogoff told FOX Business that once the Fed raises interest rates, it may be difficult to ?control' the economy.” - Foxbusiness.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Foxbusiness.com: “Hard to get 'inflation down' without causing a recession, Harvard economist warns”. Below is an excerpt from the article.

Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions.  Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.

This material may not be published, broadcast, rewritten, or redistributed. ©2022 FOX News Network, LLC. All rights reserved. FAQ - New Privacy Policy

Harvard University economics professor Kenneth Rogoff argues that once the Fed raises interest rates, it may be difficult to ‘control’ the economy.

Harvard University economics professor Kenneth Rogoff warned on Friday that it will be "really hard" to get the "inflation rate down" without causing a recession. 

"If [the Fed] have to raise interest rates that much, it will cause a recession, no doubt," Rogoff told "Cavuto: Coast to Coast." 

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

Comment Box is loading comments...

CLICK TO SHARE

BACK TO THE HOME-PAGE