All signs point to a coming recession
(Op-Ed)
The new monetary policy strategy the Fed adopted in August 2020 has left it without good options. It can follow the present course of slowly increasing interest rates, which will allow high inflation to persist for at least the next two years, or it can increase rates more rapidly, which will bring down inflation, but likely push the economy into a recession.
https://thehill.com/opinion/finance/599229-all-signs-point-to-a-coming-recession