Recession Watch: Fears Return As Fed Warns Americans Of ‘Some Pain’ As Economy Braces For More Job Cuts

https://www.forbes.com/sites/jonathanponciano/2022/08/27/recession-watch-fears-return-as-fed-warns-americans-of-some-pain-as-economy-braces-for-more-job-cuts/
Topline Though they had recently cooled, fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation—driving a steep stock market decline as more experts worry that even the recently strong job market could soon start to…