Federal Reserve officials rolled out strong language Friday to describe their approach to inflation, promising a full-fledged effort to restore price stability.
Stocks eye steepest slide since 2020 as central bankers roil markets
World stocks whipsawed on Friday to edge closer to their worst week since markets’ pandemic meltdown in March 2020, as leading central banks tightened policy in an effort to tame inflation, setting investors on edge about future economic growth.
How to prepare for a possible recession
A number of forces are putting pressure on the economy right now and that has Wall Street betting on a recession sometime in the next 12 to 18 months.