The US Fed Chairman didn't really deliver good news this week when he suggested that there was still a long way to go yet with tackling inflation.

One recent survey suggests that the odds of a recession happening within the next year are about 50%. However, there is still debate on whether or not there will be a recession.

If there is one, could it have been avoided?

8 in 10 Americans hate this economy.

There are plenty of people who will be paying the price for activities that they didn't benefit from during the years of low interest credit spending.

Consumers are worried about inflation and they aren't the only ones who are angered by the thought of seeing raises go up much more.

Some will argue that it has to be done anyways while others say it is an overcorrection that is doing more harm than good.

Have we seen the worst of it? Or is there more yet still to come?

Even with things where they are right now it is still causing a lot of pain and worry. Given the state of things it doesn't make much sense to hear Biden say the US is stronger than last year, does it? add that to the list...

pics:
pixabay
This is not financial advice
sources:
https://www.cnbc.com/2022/09/20/the-fed-is-now-expected-to-keep-raising-rates-then-hold-them-there-cnbc-survey-shows.html
https://www.pbs.org/newshour/economy/dow-jones-drop-3-percent-after-fed-chair-powell-warns-interest-rates-to-stay-high
https://www.marketwatch.com/story/mortgage-rates-continue-to-climb-hitting-6-29-in-latest-week-11663855565
https://www.politico.com/news/2022/09/21/fed-interest-rates-economic-growth-00058069
https://www.bloomberg.com/news/articles/2022-09-21/fed-delivers-third-straight-big-hike-sees-more-increases-ahead?leadSource=uverify%20wall