Summary
POMONA - Continued inflationary pressures raise the specter of a recession in 2007, an economist said here Thursday.
Esmael Adibi, director of the A. Gary Anderson Center for Economic Research at Chapman University, said that the Fed may back off of interest-rate hikes for a while, but ultimately the upward march of interest rates will continue.See the full content of this document
Extract
Recession Forecast for 2007
"I think inflation is more of a problem than many people think," Adibi said Wednesday at t...
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