Expert forecasts 2023 as a year of ‘economic pain’
Federal Reserve Chair Jerome H. Powell was asked what was in store for the economy after yet another rate hike intended to tame inflation. "I don't think anyone knows whether we're going to have a recession or not and, if we do, whether it's going to be a deep one or not," Powell said on Dec. 14, after the Federal Open Market Committee's final meeting for 2022. "It's just not…
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