16 Jun Wall Street has entered ‘bear’ territory and recession is on the cards. What does it mean for the Australian share market? ABC The Drum
Posted at 01:08h
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“You have to go back to around 2007, back to 1994, back to the early 1980s,” she says.
“I believe … that the Federal Reserve will go as hard as it can to really quash the demand in the US economy to get inflation down.
“And it will go as hard as it can until the system starts to break.”