On June 12, 2024, Federal Reserve officials announced that the central bank had not seen enough progress in inflation to cut interest rates and projected only one rate cut this year. Critics, such as economists Mohammed El-Erian and Claudia Sahm, say these restrictive policies could lead to a recession. What would it take to change the Federal Reserve’s course, and what could be the results of their decision to keep interest rates steady?
16 июл 2024
