As Fed battles inflation, financial advisers brace for recession fallout
Advisers are adjusting clients' portfolios to weather the recession that could result from the central bank's response to spiking prices.
Whether or not the U.S. economy is already in a recession, financial advisers and market watchers are bracing for the fallout from the move toward higher interest rates that the Federal Reserve will be leaning on to combat inflation hovering at a 40-year high.
“For the first time in 14 years we
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