Economics Editor Bill Wood says we’re going to be “inundated with bad news at a rapid rate” as the Fed tries to tame inflation without sending the economy into a recession. But he adds there’s no reason to panic, and his outlook for the rest of the year is “balanced.” Going forward, plastics company managers should keep an eye on real estate and construction data, consumer spending and employment data.
Numbers That Matter Live May 2022: ‘No reason to panic’ as Fed tries to tame inflation
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