IntraFi

Has inflation peaked? Is the Fed moving too aggressively to raise interest rates? Do we "have to destroy the economic village in order to save it"?

https://yhoo.it/3ClbuaT

Column: Painful signs emerge that Fed is moving too far, too fast with aggressive rate increases The Fed isn't giving the economy time to absorb its rate increases before imposing more pain. That could leave people jobless for no reason.

The Conference Board Leading Economic Index (LEI) for the U.S. has declined for the sixth consecutive month potentially signaling a recession.

"A major driver of this slowdown has been the Federal Reserve’s rapid tightening of monetary policy to counter inflationary pressures. The Conference Board projects a recession in the coming quarters.”

Read the full release: https://bddy.me/3LKNW29