It’s anybody’s guess what happens next. In the optimist camp is Treasury Secretary Janet Yellen, who told CNN’s Fareed Zakaria last week a damaging recession can be averted. “I think what people call a soft landing is possible,” she said. “I do think there is a path to bring down inflation while maintaining what I think all of us would regard as a strong labor market.” After months of inflation at close to 40-year highs, prices are cooling.
Now forecasters are struggling to understand how else it will reverberate through the economy, and when. It’s why many economists are firmly in the negative camp. A Bloomberg survey of forecasters pegs recession odds at 65%. The International Monetary Fund last week slightly lowered its global growth forecast, in language more foreboding than usual.
I just don’t understand how a bag of chips was 25¢ to 50¢ , 75¢ now they cost $3.99
Hell yeah
Democrats are liars.
Bwahaha
Eggs $3.50/dz, lettuce $3 a head , gas over $4 , the torture is very real
CNN employees are where the cheap resources are kept.
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