Interest rate increases by the Federal Reserve take 12 to 18 months to have an impact on the U.S. economy, Torsten Slok, chief economist at Apollo Global Management, writes in a note, pointing to a likely recession.
Interest rate increases by the Federal Reserve take 12 to 18 months to have an impact on the U.S. economy, Torsten Slok, chief economist at Apollo Global Management, writes in a note, pointing to a likely recession.