#recessio — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #recessio, aggregated by home.social.
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“The Fed, ECB, Wall Street, the City say, yeah, we’re going to have a soft landing. In US monetary history for the last 60 years, we’ve never had an episode where inflation is above 5 [per cent] — today it’s 7.1 — and unemployment is below 5 [per cent] — and right now it’s 3.7 — that when you raise rates to fight inflation, you get a soft landing. You always get a hard landing.”
- Nouriel Roubini
Financial Times via @inkl
https://www.inkl.com/a/rqplrYsBa -
“The Fed, ECB, Wall Street, the City say, yeah, we’re going to have a soft landing. In US monetary history for the last 60 years, we’ve never had an episode where inflation is above 5 [per cent] — today it’s 7.1 — and unemployment is below 5 [per cent] — and right now it’s 3.7 — that when you raise rates to fight inflation, you get a soft landing. You always get a hard landing.”
- Nouriel Roubini
Financial Times via @inkl
https://www.inkl.com/a/rqplrYsBa
