Fed Chair Jerome Powell Says Higher Interest Rates Could Cause a Recession

Wall Street Journal, June 22, 2022–Nick Timiraos (subscription)
Federal Reserve Chairman Jerome Powell said the central bank’s battle against inflation could lead it to raise interest rates high enough to cause an economic downturn.
https://www.wsj.com/articles/powell-says-fed-needs-compelling-evidence-of-inflation-slowdown-to-alter-rate-rise-path-11655904616?mod=hp_lead_pos1