Asian Spectator

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Fed faces twin threats of recession and financial crisis as its inflation fight raises risks of both

  • Written by D. Brian Blank, Assistant Professor of Finance, Mississippi State University
Fed faces twin threats of recession and financial crisis as its inflation fight raises risks of bothStaving off both recession and a financial crisis may take more than a hope and a prayer.Chip Somodevilla/Getty Images

There is wide agreement among economists and market observers that the Federal Reserve’s aggressiveinterest rate hikeswill cause economic growth to grind to a halt, leading to a recession. Less talked about is the risk of a...

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