{"id":9228,"date":"2023-08-06T10:40:49","date_gmt":"2023-08-06T10:40:49","guid":{"rendered":"https:\/\/isafespend.com\/personal-finance\/banking\/dont-be-relieved-by-the-feds-pause-in-raising-interest-rates-recession-threat-still-looms\/"},"modified":"2023-08-06T10:40:50","modified_gmt":"2023-08-06T10:40:50","slug":"dont-be-relieved-by-the-feds-pause-in-raising-interest-rates-recession-threat-still-looms","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=9228","title":{"rendered":"Don&#8217;t Be Relieved By The Fed&#8217;s Pause In Raising Interest Rates \u2014 Recession Threat Still Looms"},"content":{"rendered":"<div>\n<div class=\"article-body fs-article fs-premium fs-responsive-text current-article font-body color-body bg-base font-accent article-subtype__masthead\">\n<p><strong>Financial markets<\/strong> have long anticipated that the Federal Reserve would temporarily halt the raising of interest rates, as various measures of inflation are down by almost half of what they were a year ago.<\/p>\n<p><fbs-ad position=\"top\" progressive=\"\" ad-id=\"article-0-top\"><\/fbs-ad><\/p>\n<p>Unfortunately, however, our central bank remains in thrall to its wrong-headed notion that the only way to fight inflation is by hurting the economy and putting people out of work. The Fed is hinting that inflation isn\u2019t falling fast enough.<\/p>\n<p>This segment of What\u2019s Ahead warns that hard times are ahead because the Fed still doesn\u2019t understand inflation and the Biden Administration is pursuing policies that are seriously damaging the economy.<\/p>\n<\/div>\n<div class=\"sigfile article-body fs-responsive-text font-body\"><span>Follow me on\u00a0<\/span><a rel=\"nofollow noopener\" class=\"color-link\" href=\"https:\/\/www.twitter.com\/steveforbesceo\" target=\"_blank\">Twitter<\/a>.\u00a0<span>Send me a secure\u00a0tip<\/span>.\u00a0<\/div>\n<div class=\"bottom-contrib-block\">\n<div class=\"fs-author-group-wrapper\">\n<div class=\"contrib-byline\"><\/div>\n<p><fbs-cordial type=\"Follow\" natural-id=\"blogAuthorId\/blog\/author\/576\" author-slug=\"steveforbes\" page-position=\"bottom\"><\/fbs-cordial><\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/steveforbes\/2023\/06\/15\/dont-be-relieved-by-the-feds-pause-in-raising-interest-rates---recession-threat-still-looms\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial markets have long anticipated that the Federal Reserve would temporarily halt the raising of interest rates, as various measures of inflation are down by almost half of what they were a year ago. Unfortunately, however, our central bank remains in thrall to its wrong-headed notion that the only way to fight inflation is by<\/p>\n","protected":false},"author":1,"featured_media":9229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[],"class_list":{"0":"post-9228","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banking"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Don&#039;t Be Relieved By The Fed&#039;s Pause In Raising Interest Rates \u2014 Recession Threat Still Looms | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Financial markets have long anticipated that the Federal Reserve would temporarily halt the raising of interest rates, as various measures of inflation\" \/>\n<meta name=\"robots\" content=\"index, follow, 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