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Monday, February 26, 2024

Why the Fed won’t be able to avoid a recession or bring inflation down to its 2% target, according to BlackRock

The Federal Reserve may not be able to avoid a recession – and may not be able to bring inflation back down to its 2% target either, according to analysts from BlackRock. Markets are expecting the Fed to stick to aggressive rate hikes after Chairman Jerome Powell’s speech at Jackson Hole last …

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