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Inflation = Recession?

Inflation = Recession?

Ernie Goss Photo: WNAX


Continued high inflation may lead to an economic recession later this year.
Creighton University economics professor Ernie Goss says rising prices will be a drag on the economy….

Goss says supply chain issues should ease…..

The Federal Reserve raised interest rates a half percentage earlier this month. Goss says that will also impact long term interest rates…..

The CPI, or consumer price index hit eight-point five four percent last week.