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Opinion

The Fed Is Trapped

The Fed Is Trapped
Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill in Washington, on Jan. 11, 2022. Brendan Smialowski/Pool/AFP via Getty Images
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Commentary

While the world is focused on the situation between Russia and Ukraine, the global economy is already rapidly slowing. Further uncertainty because of geopolitics and war could easily tip the global economy into a recession. For the Federal Reserve, the Russia and Ukraine conflict couldn’t come at a worse time, as the central bank is about to embark on its first tightening cycle since 2004.

Steven Van Metre
Steven Van Metre
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Steven Van Metre, CFP, designs and manages unique investing strategies. He has a YouTube show where fans across the globe tune in to hear his thoughts on the global economy, monetary policy, and the markets.
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