BlackRock: Fed tightening might have already made recession inevitable

Nov. 01, 2022 8:45 AM ETS&P 500 Index (SP500), COMP-USD Crypto, DJI, SPY, , , By: Jason Capul, SA News Editor25 Comments

Federal Reserve System Fed of USA chairman press conference concept. Tribune with symbol and flag of Fedreal Reserve.

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BlackRock issued a pessimistic view of the impact the Federal Reserve's hawkish policy will have on the economy, suggesting that the central bank's aggressive campaign to increase interest rates may have already made a recession inevitable.

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