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David Bassanese

US may need a recession to get inflation under control

David BassaneseColumnist

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By far the biggest question facing investors in the new year is whether the United States economy needs to go into recession to get inflation under control.

Powell has signalled the Fed will downshift from their rapid pace of tightening as soon as next month’s meeting. 

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David Bassanese is chief economist at BetaShares Exchange Traded Funds. He writes on markets specialising in debt, derivatives and monetary policy. He worked at the federal Treasury, OECD and Macquarie Bank. Connect with David on Twitter.

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    Original URL: https://www.afr.com/markets/debt-markets/us-inflation-on-track-for-downside-surprise-20221201-p5c304