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Recession Is in the Cards

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Recession Is in the Cards
The Federal Reserve building in Washington on Oct. 22, 2021. Daniel Slim/AFP via Getty Images
Milton Ezrati
|Updated:
Commentary

March approaches, the month that the Federal Reserve promised to show its anti-inflation hand. It will, Fed Chairman Jerome Powell has announced, cease its quantitative easing and begin to raise interest rates.

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Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”
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