The News Radar

Timely links to external news and articles, usually valuation related, with occasional commentary.


Originally posted Tuesday, 3 January 2023
US Recession ‘Pretty Likely,’ Ex-New York Fed Chief Dudley Says

“A recession is pretty likely just because of what the Fed has to do,” he said in an interview on Bloomberg Surveillance Tuesday. “But what’s different this time I think is that if we have a recession, it’s going to be a Fed-induced recession and the Fed can end the recession by subsequently easing monetary policy.”

Checks out.