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Recession in 2019? Here’s how to avoid it
Fed needs to judge inflation correctly or risk another downturn
The latest snapshot of U.S. inflation does little to close the gap between those who think prices will keep rising and others who believe they may have already peaked — a debate whose outcome could determine when the next recession strikes.
The cost of living was unchanged in November, reducing the yearly rate of inflation to 2.2% from 2.5%, according to the consumer price index.
The CPI had hit a six-year high of 2.9% in midsummer.
...
https://www.marketwatch.com/story/the-gr...2018-12-12
Fed needs to judge inflation correctly or risk another downturn
The latest snapshot of U.S. inflation does little to close the gap between those who think prices will keep rising and others who believe they may have already peaked — a debate whose outcome could determine when the next recession strikes.
The cost of living was unchanged in November, reducing the yearly rate of inflation to 2.2% from 2.5%, according to the consumer price index.
The CPI had hit a six-year high of 2.9% in midsummer.
...
https://www.marketwatch.com/story/the-gr...2018-12-12
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