The Latest Breaking News from Matw Luzzetti

Deeper US recession looms as resilient labor market spurs Fed

The odds of a U.S. recession are rising. And the chances it will be mild are falling.

Tribune News Service · Nov 3, 2022

Fed lines up another big hike while mulling eventual downshift

Federal Reserve officials are preparing to roll out another supersized interest-rate increase in early November, when they will also likely debate tactics for completing the most aggressive tightening cycle in four decades.

Tribune News Service · Oct 22, 2022

Driven by consumers, US inflation grows more persistent

U.S. inflation is showing signs of entering a more stubborn phase that will likely require drastic action by the Federal Reserve, a shift that has panicked financial markets and heightens the risks of a recession

The Independent UK · Sep 14, 2022