The last time inflation was this high, the Federal Reserve raised rates so much that it put the U.S. into a recession. Will we see a repeat of that today? WSJ’s Dion Rabouin breaks down why the Fed’s next steps are crucial.
Photo: Kevin Dietsch/Getty ImagesStocks Trim Weekly Losses With Friday Gains
Россия Новости Новости
Stocks rose on Friday to end a turbulent week. The Dow has fallen for seven straight weeks, its longest losing streak since 2001.