I'd reserve judgement until they're done raising interest rates. These things ta... | Hacker News

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		throwaway4aday on Nov 4, 2022 \| parent \| context \| favorite \| on: Ask HN: What Recession? I'd reserve judgement until they're done raising interest rates. These things take time to propagate throughout the economy.

brookst on Nov 4, 2022 [–]

And if one thing’s clear, it’s that even if we aren’t in a recession now, they will absolutely keep raising rates until we are.

Unlike the 2008 recession that was a result is mismanagement in the financial sector, this recession is very much an intentional act of monetary policy.

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