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    Fear of the Fed

    A research paper by Lawrence Summers finds that the disinflation the US Fed has to achieve today is similar to that of the Volcker years, which means a recession is on the cards 

    Manas Chakravarty
    June 13, 2022 / 08:56 IST
    One of the investor concerns is the impact higher inflation will have on the Jerome Powell-led US Fed’s policy --whether it will be forced to tighten even more than earlier anticipated.
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