Rising unemployment will become bigger concerns

Reference no: EM133318806

Question: Bloomberg reporting that Wall Street's biggest banks agree the Federal Reserve will hike US interest rates further into next year but are at odds over how high it will take them and whether it will be cutting by the end of 2023. In a reflection of how tough Chair Jerome Powell's job is becoming, leading economists are split over whether the central bank will need to keep attacking stubbornly high inflation or if the risks of recession and rising unemployment will become bigger concerns.

Reference no: EM133318806

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Rising unemployment will become bigger concerns : central bank will need to keep attacking stubbornly high inflation or if the risks of recession and rising unemployment will become bigger concerns

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