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3232Fed Bank President: Banking Crisis Tips US Economy Toward Recession
https://www.digit.info/fed-bank-president-banking-crisis-tips-us-economy-toward-recession/
Wed, 29 Mar 2023 01:30:19 +0000https://www.digit.info/2023/03/29/fed-bank-president-banking-crisis-tips-us-economy-toward-recession/Read more]]>The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says the current banking crisis has pushed the U.S. economy closer to a recession. “We have fundamental issues, regulatory issues facing our banking system,” the Fed official stressed. Neel Kashkari on U.S. Economy, Banking Crisis, Recession Federal Reserve Bank of Minneapolis President Neel Kashkari […]
]]>Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
https://www.digit.info/cleveland-fed-president-loretta-mester-is-not-predicting-a-recession-says-inflation-will-move-down/
Mon, 20 Jun 2022 19:30:51 +0000https://www.digit.info/2022/06/20/cleveland-fed-president-loretta-mester-is-not-predicting-a-recession-says-inflation-will-move-down/Read more]]>Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years, inflation “will be moving down.” A 2% […]