Fed sees rising recession risk as inflation and unemployment collide, minutes show

Federal Reserve officials warned during their May 6–7 meeting that the US economy is now facing a real risk of tipping into recession, as inflation remains sticky and early cracks are beginning to show in the labor market, according to meeting minutes released Wednesday by the Federal Open Market Committee. While the central bank voted […] source: https://www.cryptopolitan.com/fed-sees-rising-recession-risk-minutes-show/