HomeMarketsU.S. Economy & JobsU.S. Is In A Recession, Majority Of Americans Are Concerned About The Economy
U.S. Is In A Recession, Majority Of Americans Are Concerned About The Economy

"The Fed is way behind the curve as a 100 basis point rate hike is appropriate to combat inflation. We are in a recession right now. 2 out of 10 Americans think that the economy is headed in the right direction. There is a collapse in consumer spending. We had a good jobs report last month, but it is unlikely that that will continue," says Stephen Moore.

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